Ark Invest: Stablecoin transaction value reached $15.6T in 2024, beats Mastercard and Visa
Stablecoin transaction value surpassed Mastercard and Visa by 200% and 119% The number of monthly stablecoin transactions reached 100 million in 2024 Stablecoin transaction value roughly doubled year-on-year from $7…
Ark Invest sells $2.8M of its own Spot Bitcoin ETF amid market shifts
Ark Invest sold 44,609 shares of its ARKB Spot Bitcoin ETF for $2.8 million as part of a rebalancing strategy. The firm retains $139.7 million in ARKB, making it the…
Ethereum pumps after Ark Invest and 21Shares’ spot Ethereum ETF application amendment
ETH price surged post-Ark Invest, 21Shares ETF amendment. Amendment aligns spot ETH ETF with cash creation and redemption model akin to spot Bitcoin ETFs. The introduction of ETH staking in…
SEC delays decision on ARK Invest Bitcoin ETF
The SEC has delayed its decision on the ARK 21Shares Bitcoin ETF decision to early 2024. Also delayed is the Global X Bitcoin Trust application. Analysts expect the regulator to…
SEC delays decision on Ark Invest spot Bitcoin ETF
SEC announced the delay today, publishing a letter calling for more information from the public. A decision on Ark Invest spot Bitcoin ETF could come towards the end of the…
ARK amends spot Bitcoin ETF filing to include surveillance sharing agreement
ARK’s amended 19b-4 includes a surveillance sharing agreement with CBOE and a US crypto exchange. ARK Invest founder and CEO Cathie Wood says the Ark 21Shares Bitcoin ETF is first…
Ark Invest adds $20.5M Coinbase shares: COIN share price down 7%
Ark Invest purchased 301,347 Coinbase shares on Thursday. Ark had purchased more Coinbase shares on Wednesday. In February Ark purchased $30 million worth of Coinbase shares. Cathie Wood’s Ark Invest…
SEC rejects Ark 21Shares’ spot Bitcoin ETF again
SEC has denied the Ark Investment and 21 Shares joint spot Bitcoin ETF application. The agency says proposal failed to meet requirements as per securities laws, citing fraud and manipulative…