Ark and 21Shares increase BTC ETF transparency with Chainlink integration
Market watchers are urging Bitcoin ETF issuers to adopt industry-standard transparency measures.
JinseFinanceMarket watchers are urging Bitcoin ETF issuers to adopt industry-standard transparency measures.
JinseFinanceArk Invest points to 2024 Bitcoin growth catalysts: spot ETFs, April halving, regulatory changes, institutional acceptance. CEO Cathie Wood anticipates significant flows, potential $1.5 million valuation by 2030.
EdmundArk Invest shifts its strategy, actively accumulating Ark 21Shares Spot Bitcoin ETF (ARKB) while divesting from ProShares Bitcoin Strategy (BITO). ARKB secures a top-five position in ARKW's portfolio, surpassing well-known holdings and becoming the third-largest among 'Newborn nine' spot Bitcoin ETFs.
Xu LinGolden Finance launches the 2208th issue of the cryptocurrency and blockchain industry morning report "Golden Morning 8:00" to provide you with the latest and fastest digital currency and blockchain industry news.
JinseFinanceArk Invest, led by Cathie Wood, adjusted its portfolio by selling Coinbase and Robinhood shares amid market shifts following the U.S. approval of spot Bitcoin ETFs. The broader cryptocurrency landscape responded to evolving conditions.
Xu LinBlackRock and Ark Investment Management have reduced fees for their Bitcoin ETFs ahead of the expected SEC approval, reflecting an industry-wide fee war. BlackRock's aggressive pricing strategy, including a 0.12% fee for the first $5 billion in assets, highlights the competition's intensity. While significant for mainstream crypto integration, potential challenges for smaller players and lingering regulatory issues persist in the evolving market landscape.
Cheng YuanARK Invest has tactically sold an additional $4.2 million worth of Coinbase shares, following a prior $25 million offload. This strategic move suggests a dynamic adjustment to ARK's portfolio amidst changing market conditions, with Coinbase's stock maintaining a significant position in ARK's Innovation ETF.
BerniceARK Invest, managed by Cathie Wood, attracted attention for selling $25 million in Coinbase (COIN) shares on January 3, amid a 3% stock decline to $152.24. This divestment trend has continued since December 2023, totaling over $125 million in COIN shares, signifying a significant shift in the company's investment strategy.
Xu LinARK Invest, led by Cathie Wood, has strategically liquidated its remaining $200 million GBTC holdings, redirecting $100 million to Bitcoin Futures ETF Bito. The move aligns with the anticipation of a potential spot Bitcoin ETF approval, reflecting ARK's proactive response to evolving market dynamics. Wood's optimism about Bitcoin's long-term growth remains strong, despite short-term market fluctuations tied to regulatory speculation.
BerniceArk Invest reallocates resources, investing heavily in Pinterest while reducing cryptocurrency holdings.
Edmund