ARK Invest’s latest Block purchase is its first in months, signaling a potential shift in the company’s investment strategy.
Latest ARK News
ARK Investment Management is an investment firm founded by Cathie Wood in 2014. Based in St. Petersburg, Florida, ARK Invest actively manages exchange-traded funds focusing on disruptive and innovative technology. ARK’s investment approach focuses on long-term growth potential and innovative market trends.
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ETH rallied nearly 6% on Monday after BitMine disclosed a major purchase, raising the total value of its Ether holdings to more than $3 billion.
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ARK’s latest Bitcoin ETF sale came shortly after ARKB hit a new all-time high above $39 in early July, equivalent to nearly $118 on a pre-split basis.
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Circle is one of the top ARK holdings across three funds with a weight of up to 6.7%.
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21Shares says it wants to make its flagship Bitcoin ETF more attractive to retail investors by reducing its cost per share.
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ARK Invest sold $12 million in Bitcoin ETF shares while buying $26.6 million in Coinbase stock in April, reacting to market volatility following Trump’s tariffs announcement.
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ARK Invest participated in Apptronik’s $403 million Series A round, joining Mercedes-Benz, Google, and Japan Post Capital to fund humanoid robotics innovation.
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Bitcoin bears are finding it difficult to pin the price below $95,000, indicating solid demand at lower levels.
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Bitcoin price trades above $100,000 again, proving that every minor dip is being purchased.
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Crypto.com and 21.co have partnered to improve Bitcoin liquidity for 21BTC, targeting the Ethereum and Solana ecosystems.
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This decision does not affect the ongoing collaboration between 21Shares and ARK Invest on other projects like the ARK 21Shares Bitcoin ETF launched in January.
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Cathie Wood’s ARK Invest has committed $60 million to Elon Musk’s xAI startup, demonstrating the firm's confidence in its potential amid a surge in AI investments.
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April 2 marked the second consecutive day of outflows from ARK 21Shares’ spot Bitcoin ETF.
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ARK Invest started dumping large amounts of Robinhood stock for the first time after aggressively buying HOOD shares last year.
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Cathie Wood’s ARK Invest continues taking profits from its Coinbase stash as the stock is hitting multiyear highs.
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