ARK Invest

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

Ark Invest CEO Cathie Wood
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

Ark Invest CEO Cathie Wood
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

Asset managers Ark Invest and 21Shares have integrated Chainlink’s proof of reserves for reserve data of its ARK 21Shares Bitcoin ETF. (Marco Bello/Getty Images, modified by CoinDesk)
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.
Asset managers Ark Invest and 21Shares have integrated Chainlink’s proof of reserves for reserve data of its ARK 21Shares Bitcoin ETF. (Marco Bello/Getty Images, modified by CoinDesk)

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

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

Ark Invest CEO Cathie Wood
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

Ark Invest CEO Cathie Wood
Bitcoin ETFs Mean 'Substitution' From Gold Into BTC Will Continue, Says Cathie Wood
While bitcoin's price is often denominated against fiat currencies, Wood pointed out that even relative to gold, BTC has risen consistently since its early days.
Ark Invest CEO Cathie Wood

Ark Invest CEO Cathie Wood (Marco Bello/Getty Images, modified by CoinDesk)
ARK Invest Says Optimal Bitcoin Portfolio Allocation for 2023 Was 19.4%
The optimum allocation is up from 0.5% in 2015 and 6.2% in 2022.
Ark Invest CEO Cathie Wood (Marco Bello/Getty Images, modified by CoinDesk)

Ark Invest CEO Cathie Wood
ARK Bought $62.3M Worth of Own ETF in Last Week; Sold $42.7M of BITO
ARKW now holds $91.4 million of ARKB, constituting a 5.98% weighting of the fund's total value
Ark Invest CEO Cathie Wood