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Cathie Wood says SEC will endorse Bitcoin ETFs


Cathie Wood, who is the CEO and CIO of ARK Investment Management, is of the opinion that the Securities and Exchange Commission will endorse various spot-bitcoin ETFs together. This is contrary to her earlier understanding that her company would be the first to receive the go-ahead for...

Ark Invest Now More Confident in Bitcoin Reaching $1.5 Million, CEO Says


The CEO of investment management firm Ark Invest, Cathie Wood, has explained why her firm’s confidence in bitcoin’s price reaching $1.5 million has increased. Citing the crypto’s performance during the regional bank crisis earlier this year, she stressed, “That was...

Cathie Wood's Ark Invest Sells $53 Million Coinbase Shares Amid Record Highs


Cathie Wood’s Ark Invest sold 478,356 Coinbase shares valued at $53 million on Friday as the crypto exchange’s stock prices reached a 52-week high.  This is the second time Cathie Wood-led investment management firm offloaded Coinbase shares within a week. As reported earlier, Ark Invest sold...

All-time High in Bitcoin's Unmoved Supply as Institutional Interest Rises


The unmoved supply of Bitcoin (BTC) reached an all-time high in June, with nearly 70% of the circulating supply not moving for a year, a report from asset manager Ark Invest has said. The report, titled “The Dawn of the ETF Era?” focused on the potential for a new spot Bitcoin exchange-traded fund...

Today in Crypto: Cathie Wood’s ARK Says It's 'First in Line' to Get Spot-BTC ETF Approval, EVM Sidechain for XRP Ledger Available on Devnet v2, Robinhood to Lay Off 7% of Full-time Employees


Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: Cathie Wood’s ARK Says It's 'First in Line' to Get Spot-BTC ETF Approval, EVM Sidechain for XRP Ledger...

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