Cathie Wood’s ARK Resorts To Canadian Bitcoin ETFs As The SEC Delays Applicat...
The fund updated its prospectus and can now invest in Canadian bitcoin ETFs while the SEC doesn't approve one in the U.S.A new supplement filing with the U.S. Securities and Exchange Commission (SEC) shows that Cathie Wood's ARK Investment Management has given itself clearance to purchase Canadian bitcoin exchange-traded funds (ETFs). The firm's ARK Next Generation Internet ETF, which previously could only get bitcoin exposure through investments in a grantor trust, has updated its prospectus to enable the fund to invest in bitcoin ETFs up north.The move comes amid several delays and....
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Without a doubt, Cathie Wood has been one of the most vocal proponents of Bitcoin’s technology and value on Wall Street. Her fund Ark Invest was the first ever institutional fund to invest in through Grayscale Bitcoin Trust (GBTC) in 2015, which was when Bitcoin was only worth 200 dollars. One of Wood’s signature funds, […]
On Monday, famous investor Cathie Wood’s eye-catching fund sold over 98,000 shares of Coinbase.
ARK Invest has spread nearly 750,000 COIN shares across three of its ETFs. Three exchange-traded funds offered by Cathie Wood’s ARK Invest purchased 749,205 shares in Coinbase Global, Inc (COIN) worth roughly $246 million combined.The ARK Innovation ETF (ARKK) now holds 512,535 COIN shares, while the ARK Next Generation Internet ETF (ARKW) purchased 147,081 shares, and the ARK Fintech Innovation ETF (ARKF) bought 89,589.ARK’s funds were not the only ETFs accumulating COIN, with the Amplify Transformational Data Sharing ETF (BLOK) also getting in on the action. BLOK is among the most active....
Both of the new Australian exchange-traded funds by 3iQ Digital Asset Management will feed from its existing Bitcoin and Ethereum ETFs listed on the Toronto Stock Exchange. A further two cryptocurrency-backed exchange-traded funds (ETF) have launched on the Cboe Australia exchange on Monday, bringing the total amount of crypto ETFs available to Australian traders to six.The Canada-based 3iQ Digital Asset Management launched two spot ETFs, the 3iQ CoinShares Bitcoin (BTC) Feeder ETF and the 3iQ CoinShares Ether (ETH) Feeder ETF.Both of the Australian funds feed from the firm’s Canadian ETFs....
Three exchange-traded funds offered by Cathie Wood’s Ark Invest added a total of 341,186 shares in Coinbase (COIN) worth a combined $110 million on April 15. Three exchange-traded funds, or ETFs, offered by Cathie Wood’s Ark Invest, including the flagship Ark Innovation ETF, all added further shares in Coinbase Global Inc. (COIN) to their positions on Thursday, April 15.According to a report from Reuters, the Ark Innovation ETF, Ark Next Generation Internet ETF, and Ark Fintech Innovation ETF purchased a combined total of 341,186 shares, valued at $110 million at the close of trading on....