ARK Invest


Markets

ARK Invest Sold $14.8M of Coinbase Shares Thursday Ahead of the Exchange's Earnings Report

Coinbase revenue beat Wall Street analysts' expectations, while profit came in lower than the consensus.

Cathie Wood, CEO of ARK Invest, at Consensus 2024 by CoinDesk (Suzanne Cordiero)

News Analysis

Cathie Wood's Ether ETF Pullback Is Likely Due to Fee War

The asset manager’s name was removed from a recent document filed with the Securities and Exchange Commission in preparation for the launch and later confirmed that it dropped out of the race.

Ark Invest CEO Cathie Wood (Marco Bello/Getty Images, modified by CoinDesk)

Finance

Cathie Wood Says Ether ETF Filings Were Approved Because Crypto Is an Election Issue

Wood said the proposed ether ETFs weren't approved in a regular way.

Cathie Wood, CEO of ARK Invest, at Consensus 2024 by CoinDesk (Suzanne Cordiero)

Videos

ARK Sells Last of Its ProShares Bitcoin Futures ETF Shares; Consensys Files Lawsuit Against the SEC

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today. Cathie Wood's ARK Invest offloaded the last of its shares in ProShares Bitcoin Strategy ETF (BITO). Plus, Consensys files a lawsuit against the SEC, and bitcoin-centric stablecoin company OpenDelta, raised $2.15 million in a pre-seed round.

Recent Videos

Markets

ARK Sells Last of Its ProShares Bitcoin Futures ETF Shares

The investment firm sold 237,983 BITO shares worth $6.7 million at Thursday's closing price of $28.22 from its Next Generation Internet ETF (ARKW)

Ark Invest CEO Cathie Wood

Markets

Cathie Wood's ARK Invest Sold Nearly $150M Coinbase Shares Last Week

ARK Invest aims to have no individual holding surpass a 10% weighting of an ETF's value, making such large sell-offs necessary when an asset surges in value

Ark Invest CEO Cathie Wood

Finance

Ark and 21Shares to Disclose Spot Bitcoin ETF Reserves Via Chainlink Integration

The move comes after fellow spot bitcoin ETF issuer Bitwise drew applause from industry experts for making its wallet address public in January.

Ark Invest CEO Cathie Wood (Marco Bello/Getty Images, modified by CoinDesk)

Finance

Cathie Wood’s ARK Offloads $90M Coinbase Shares Amid Slew of Analyst Upgrades

ARK sold Coinbase shares from ARK Innovation ETF, ARK Next Generation Internet ETF, and ARK Fintech Innovation ETF.

Ark Invest CEO Cathie Wood (Marco Bello/Getty Images, modified by CoinDesk)

Videos

Can Ether Hit $3.5K on ETF Expectations? Cathie Wood's ARK Invest Sells Coinbase Shares

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as the price of ether (ETH) rose through the $2,800 mark for the first time since May 2022. Plus, insights on the partnership between Telefónica and Chainlink to maintain security against Web3-related hacks and exploits. And, Cathie Wood's ARK Invest sold $34.3 million worth of Coinbase shares, the first time the firm has done so in a month.

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Markets

Cathie Wood's ARK Invest Sells Coinbase Shares for First Time in a Month

ARK sold $34.3 million of shares in the crypto exchange, which is due to report earnings after the U.S. market closes.

Ark Invest CEO Cathie Wood