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Cathie Wood's Ark Invest continues to buy the Coinbase dip, adds $4 million worth of COIN

Ark Invest increases its Coinbase holdings, reflecting its ongoing strategy of rebalancing after market fluctuations, while the stock of Coinbase shows signs of recovery.

theblock.co • 07/08/2024 - 09:26 AM

Ark Invest bought $18 million worth of Coinbase shares during market slump

Ark Invest purchased 93,797 Coinbase shares worth $17.8 million, also investing in Robinhood while offloading shares in Block and Ethereum ETFs amid market volatility.

theblock.co • 06/08/2024 - 11:07 AM

Crypto equities down heavily in pre-market trading amid broader price plunge

Crypto market suffers steep losses due to recession fears and geopolitical tensions, impacting equities and ETFs, with Bitcoin and Ether seeing significant price declines.

theblock.co • 05/08/2024 - 12:51 PM

Crypto investment products saw $528 million in net weekly outflows amid recession fears: CoinShares

Global crypto investment products face $528M net outflows due to recession fears. Bitcoin sees losses, while Ethereum experiences significant fund withdrawals and regional investment shifts.

theblock.co • 05/08/2024 - 10:59 AM

Genesis completes bankruptcy restructuring, begins distributing $4 billion in crypto and cash

Genesis Global has completed its restructuring after bankruptcy, distributing $4 billion in assets to over 100,000 creditors and addressing liabilities of around $10 billion.

theblock.co • 02/08/2024 - 17:11 PM

Ark Invest sells $6.9 million of its own spot Bitcoin ETF, ramps up Coinbase share sales

Ark Invest sold shares of ARKB Bitcoin ETF and Coinbase stock, adjusting its portfolio's diversification while experiencing mixed performance in the crypto market and Coinbase's revenue decline.

theblock.co • 02/08/2024 - 09:07 AM

Cathie Wood's Ark Invest resumes Coinbase share sales, offloads $2.7 million worth of COIN

Ark Invest sold 12,077 Coinbase shares for $2.7 million from its ARKW ETF, now holding 7.3% of COIN. The firm aims for diversification and has increased overall by 33%.

theblock.co • 01/08/2024 - 08:59 AM

Fidelity International lists bitcoin ETP on London Stock Exchange

Fidelity International launched its bitcoin ETP on the London Stock Exchange, now accessible to professional investors, following FCA approval, enhancing digital asset opportunities in the UK.

theblock.co • 31/07/2024 - 13:24 PM

Goldman Sachs CEO David Solomon says bitcoin could be 'a store of value case'

David Solomon of Goldman Sachs views Bitcoin as a speculative investment but acknowledges its potential as a store of value. Goldman is actively advancing in the crypto space.

theblock.co • 30/07/2024 - 14:36 PM

The spot Ethereum ETFs' first week by the numbers

The new U.S. spot Ethereum ETFs got off to a contrasting start last week, with over $1 billion of net inflows into eight of the funds overwhelmed by $1.5 billion in net outflows from Grayscale’s ETHE. Excluding ETHE, the Ethereum ETFs generated around 40% of the net inflows witnessed by the Bitcoin ETFs following their launch in January, excluding GBTC.

theblock.co • 29/07/2024 - 11:55 AM

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