The Tuesday purchases followed a heavier round of acquisitions on Monday, during which Ark Invest loaded up on crypto-related shares worth more than $71 million. The broader digital asset market is in a bearish …
ARK
- Web3 Technology
Bitcoin, DeFi and Tokenized Assets to Drive Crypto’s Next Phase, ARK Says
by adminby adminIn brief ARK Invest forecasts Bitcoin could account for roughly 70% of a projected $28 trillion digital-asset market by 2030, driven by ETF adoption and corporate treasuries. DeFi value shifts from networks to applications, …
- Bitcoin & Ethereum
Ark Invest Buys $16.5M of Coinbase Stock, Largest Purchase Since Aug. 1
by adminby adminCOIN closed at $264.97, 4.27% higher on the day, accompanying a relative recovery in the crypto market, which saw bitcoin gain over 3.3% to reclaim $90,000.
In brief The ARK 21Shares Bitcoin ETF (ARKB) recorded $275.2 million in outflows on October 16, its largest single-day exodus since August 1, when the fund shed $327.9 million. Bitcoin ETFs collectively bled $530.9 …
Ark of Panda (AOP) now commands more than 21% of all trades and over 30% of total trading volume on Binance Alpha, with daily volumes soaring to $6.4 billion. This surge severely outpaces its …
Ark Invest Buys $30.5M Circle Shares as CRCL Stock Price Falls 12%
Ark Invest bought $30.5 million worth of shares in Circle Internet (CRCL) on Wednesday as the issuer of the second-largest stablecoin fell 12%. Cathie Wood’s investment management firm added a total 353,328 CRCL shares …
ARK Invests Takes 11.5% Stake in Nasdaq-Listed Solana Treasury Firm Solmate (SLMT)
Solmate Infrastructure (Nasdaq: SLMT) disclosed in a press release issued earlier today that it had purchased $50 million of SOL directly from the Solana Foundation at a 15% discount to market. The company said …