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73% of US Voters Favor Presidential Candidates with Tech Savvy, Including Crypto
21.12.2023
Source: Adobe/tinyakov Approximately 73% of US voters believe that US presidential candidates should have an informed perspective on innovative technologies like artificial intelligence (AI) and cryptocurrency. A recent survey conducted by The Harris Poll on behalf of Grayscale Investments, which...
ARK Invest Coinbase Share Sale Takes December Total Close to $200M
21.12.2023
Cathie Wood's investment firm also sold GBTC stock while increasing its holdings of Block
Grayscale CEO Says Spot Bitcoin ETF Could Usher In $30 Trillion to The Market – Here’s More
20.12.2023
Source: a video screenshot, Bloomberg Technology / YouTube Grayscale CEO Michael Sonnenshein has restated growing optimism over an investment drive in the cryptocurrency market in the event of a spot Bitcoin (BTC) ETF approval by the Securities and Exchange Commission (SEC). In a recent CNBC...
Galaxy Digital CEO Novogratz Anticipates Bitcoin ETF Approval by Jan 10
20.12.2023
Source: DALL·E Galaxy Digital CEO Michael Novogratz predicts a significant milestone in the cryptocurrency market with the first approval of spot Bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). In a recent interview with CNBC, Novogratz elaborated on...
Spot Bitcoin ETFs Poised to Tap $30 Trillion Market, Says Grayscale CEO
20.12.2023
Grayscale Investments expects the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) to allow the $30 trillion advised wealth market to gain exposure to bitcoin. “I do think there is a lot of optimism in the market,” said...
Ethereum Price Prediction as SEC Delays Hashdex and Grayscale Ethereum-Based ETFs – What’s Going On?
19.12.2023
Source: AdobeStock The price of Ether (ETH), the native token of the Ethereum blockchain and the world’s second most valuable cryptocurrency by market capitalization, continues its bounce from Monday’s lows and was last trading in the $2,230s, up over 4.5% in the past 24 hours according...
ARK Sells $28M Grayscale Bitcoin Trust Shares as Bitcoin Nears $43K
19.12.2023
ARK Invest offloaded $13M worth of GBTC shares last week
Grayscale CEO Calls for Simultaneous Approval of Spot Products to Level the Field
19.12.2023
Source: a video screenshot, Bloomberg Technology / YouTube Grayscale CEO Michael Sonnenshein believes the Securities and Exchange Commission (SEC) needs to approve spot Bitcoin (BTC) exchange-traded funds (ETFs) simultaneously. Sonnenshein expressed his views during a recent interview with...
Cathie Wood’s Ark Invest Sells $27.6 Million in GBTC Shares as Bitcoin Touches $43K Again
19.12.2023
Source: Ark Invest Instagram Cathie Wood led ARK Invest fund sold around 809, 441 Grayscale Bitcoin Trust (GBTC) shares worth $27.6 million from its Next Generation Internet (ARKW) exchange-traded fund (ETF) on Monday, the biggest sale in more than a year, Ark Invest Daily reported. The price...
Grayscale Clarifies Investor Tax Implications of a Cash-Created Spot Bitcoin ETF
18.12.2023
Grayscale, one of the biggest cryptocurrency asset management firms, has addressed the issue of taxation regarding the adoption of a cash creation model in an upcoming spot bitcoin exchange-traded fund (ETF). The firm clarified that “no spot Bitcoin ETF that qualifies as a grantor trust would...
SEC Meets With Blackrock, Fidelity, Franklin Templeton, and Grayscale to Discuss Their Spot Bitcoin ETF Applications
14.12.2023
The U.S. Securities and Exchange Commission (SEC) has held multiple meetings with spot bitcoin exchange-traded fund (ETF) issuers regarding their applications. “The SEC is busier than Santa’s elves,” said a Bloomberg ETF analyst, noting that Blackrock, the world’s...
Cathie Wood's ARK Invest Offloads Nearly $13M Worth of Grayscale Bitcoin Trust Shares
12.12.2023
Digital asset manager Grayscale's bitcoin investment vehicle's shares fell 8.6% Monday, reflecting the day's 5.8% drop in bitcoin
Ark Invest Dumps Nearly $13 Million in GBTC Shares Amid Broader Market Sell-Off
12.12.2023
Source: Ark Invest Instagram Cathie Wood-led Ark Invest sold over $12.8 million worth of Grayscale Bitcoin Trust (GBTC) shares on Monday amid a broader market sell-off, Ark Invest Daily reported. The decision to offload 395,945 GBTC shares through the ARK Next Generation Internet ETF (ARKW) came...
Cathie Wood's ARK Invest Sells $49.2M Worth of Coinbase Shares
11.12.2023
ARK has been consistently selling Coinbase stock in recent weeks. Friday's is the largest sale since July, when it sold 480,000 shares worth $50.5 million at the time
Grayscale CEO Claps Back At Jamie Dimon For Saying Bitcoin Should Be Banned
8.12.2023
Source: Ascannio / Adobe Stock. Bitcoin is here to stay whether big banking executives like Jamie Dimon like it or not, according to Grayscale CEO Michael Sonnhenshein. The executive is the face of the company spearheading the world’s largest Bitcoin (BTC) and Ethereum (ETH) investment funds....
Cathie Wood’s Ark Invest Continues to Dump Coinbase and GBTC Shares
7.12.2023
Source: Ark Invest Cathie Wood’s Ark Invest continues its selling spree of shares of the largest US-based crypto exchange, Coinbase, amid the ongoing crypto rally. Ark Invest Daily reported that the fund management firm offloaded $24.2 million worth of Coinbase shares and $3.4 million worth...
Why Are Pros Craving a Spot Bitcoin ETF?
6.12.2023
The fundamentals of investing give an answer, and the impact from BTC ETFs from the likes of BlackRock and Fidelity could be huge
Cathie Wood's ARK Invest Sells $33M of Coinbase Shares, $5.9M of Grayscale Bitcoin Trust
6.12.2023
ARK sold a total of 237,572 COIN shares across three different ETFs: ARKK, ARKW and ARKF
Cathie Wood’s Ark Capitalizes on Bitcoin Rally, Sells Millions in Coinbase and GBTC Shares
6.12.2023
Source: Adobe Stock Cathie Wood’s Ark Invest is capitalizing on the recent surge as it offloaded millions of Coinbase and Grayscale Bitcoin Tryst shares when the leading crypto surpassed the $44,000 threshold. On Tuesday, the investment firm led by Wood sold over $33 million worth of Coinbase...
SEC Delays Decision on Grayscale’s Spot Ethereum ETF Until January 2024
6.12.2023
Source: Pixabay / vjkombajn The U.S. Securities and Exchange Commission (SEC) has postponed its decision on Grayscale‘s application for its spot Ethereum exchange-traded fund (ETF), extending the review period with a new deadline set for January 2024. According to the SEC’s latest filing,...