ARK buys $21M of 3iQ Ether staking ETF, dumps $14.6M in Coinbase
Cathie Wood’s ARK has resumed active trading of crypto-related stocks like Coinbase, 3iQ Ether staking ETF, Robinhood and its own spot Bitcoin ETF.
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Cathie Wood’s ARK has resumed active trading of crypto-related stocks like Coinbase, 3iQ Ether staking ETF, Robinhood and its own spot Bitcoin ETF.
Shares are a bargain after second-quarter earnings sent the stock down roughly 16%, says Benchmark analyst Mark Palmer.
Cathie Wood’s crypto investment firm ARK resumed selling the Coinbase stock amid the Bitcoin price push in July.
Grayscale’s BTC and ETH ETFs face significant outflows, while other approved ETF participants maintain a positive balance.
The US crypto exchange Coinbase is providing Bitcoin custody services to Australia’s DigitalX, the issuer of the second spot BTC ETF in the country.
BlackRock warns investors about a rise in crypto scams targeting its iShares Bitcoin and Ether ETFs, urging caution against social media impersonators.
Grayscale must await final regulatory signoff on its registration filing before listing the fund
In an SEC filing, the state’s pension fund disclosed holding 110,000 shares of the ARK 21Shares Bitcoin ETF as of June 30.
The acquisition could be another step towards the first spot crypto ETF launching in Japanese markets.
BlackRock head of digital assets Robert Mitchnick talked ETFs with Bloomberg’s James Seyffart at Bitcoin 2024.
