ARK Invest makes bullish moves pre-BTC halving, adds $40m worth of in-house spot Bitcoin ETFs

CoinMarketCap04-22

Ahead of the Bitcoin (BTC) halving, Cathie Wood’s ARK Invest engaged in a series of transactions reflecting the hedge fund’s bullish stance on the cryptocurrency’s trajectory. Among the notable moves...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2429951442?lang=en_US&edition=fundamental","thumbnail":"https://academy-public.coinmarketcap.com/srd-optimized-uploads/f144ecfad9644d418b9c2a18219de61a.webp","is_english":true,"pubTime":"2024-04-22 05:34","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2429951442","market":"us","top_or_hot":-1,"title":"ARK Invest makes bullish moves pre-BTC halving, adds $40m worth of in-house spot Bitcoin ETFs","media":"CoinMarketCap","content":"<div>\n<p>Ahead of the Bitcoin (BTC) halving, Cathie Wood’s ARK Invest engaged in a series of transactions reflecting the hedge fund’s bullish stance on the cryptocurrency’s trajectory. \nAmong the notable moves...</p>\n\n<a href=\"https://coinmarketcap.com/community/articles/662586603def6d1122706126/\">Source Link</a>\n\n</div>\n","source":"coinmarketcap_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>ARK Invest makes bullish moves pre-BTC halving, adds $40m worth of in-house spot Bitcoin ETFs</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nARK Invest makes bullish moves pre-BTC halving, adds $40m worth of in-house spot Bitcoin ETFs\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-22 05:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://coinmarketcap.com/community/articles/662586603def6d1122706126/><strong>CoinMarketCap</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ahead of the Bitcoin (BTC) halving, Cathie Wood’s ARK Invest engaged in a series of transactions reflecting the hedge fund’s bullish stance on the cryptocurrency’s trajectory. \nAmong the notable moves...</p>\n\n<a href=\"https://coinmarketcap.com/community/articles/662586603def6d1122706126/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BITB","symbol_name":"Bitwise Bitcoin ETF","start_time":0,"source_url":"https://coinmarketcap.com/community/articles/662586603def6d1122706126/","article_id":"2429951442","we_media_id":null,"thumbnails":["https://academy-public.coinmarketcap.com/srd-optimized-uploads/f144ecfad9644d418b9c2a18219de61a.webp"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2429951442","pubTimestamp":1713735262,"sourceInfo":{"source_id":"coinmarketcap_highlight","name":"CoinMarketCap"},"weMediaInfo":null,"summary":"Ahead of the Bitcoin (BTC) halving, Cathie Wood’s ARK Invest engaged in a series of transactions reflecting the hedge fund’s bullish stance on the cryptocurrency’s trajectory. Among the notab","collect":0,"end_time":0,"defaultTopTitle":"coinmarketcap.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BITB":"Bitwise Bitcoin ETF","FDN":"First Trust Dow Jones Internet I","BK4588":"碎股","BK4550":"红杉资本持仓","BITO":"ProShares Bitcoin Strategy ETF","BTCO":"Invesco Galaxy Bitcoin ETF","IBIT":"iShares Bitcoin Trust","BTCW":"WisdomTree Bitcoin Fund","EZBC":"Franklin Bitcoin ETF","BK4544":"ARK ETF合集","HODL":"VanEck Bitcoin Trust ETF","ARKK":"ARK Innovation ETF","BTC":"ClearShares Piton Intermediate Fixed Income ETF","BRRR":"Valkyrie Bitcoin Fund","GBTC":"Grayscale Bitcoin Trust","EETH":"PROSHARES ETHER STRATEGY ETF","DEFI":"Hashdex Bitcoin ETF","FBTC":"Fidelity Wise Origin Bitcoin Fund","BK4585":"ETF&股票定投概念","BK4594":"比特币ETF概念"},"translate_title":"ARK Invest在BTC减半前做出看涨举动，增加了价值4000万美元的内部现货比特币ETF","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"IBIT":1,"HODL":1,"GBTC":1,"FBTC":1,"EZBC":1,"EETH":1,"DEFI":1,"BTCW":1,"BTCO":1,"ARKK":1,"BTC":1,"BRRR":1,"BITO":1,"BITB":1,"FDN":0.9},"content_text":"Ahead of the Bitcoin (BTC) halving, Cathie Wood’s ARK Invest engaged in a series of transactions reflecting the hedge fund’s bullish stance on the cryptocurrency’s trajectory. \nAmong the notable moves was ARK’s addition of 139,152 units of its in-house spot Bitcoin ETF — the ARK 21Shares Bitcoin ETF — valued at $8.96 million.\nThe purchase followed another substantial buy of $31.19 million worth of the ETF the day before.\nNot content with just Bitcoin, ARK doubled down on diversification by purchasing 41,068 shares of ProShares Ether Strategy ETF (EETH), totaling approximately $2.78 million.\nThis buy was also in addition to another $2.9 million worth of EETH shares the investment giant bought on April 18.\nHowever, not all moves were about acquisitions. ARK also shed some weight in its portfolio, selling 28,936 shares of ProShares Bitcoin Strategy ETF (BITO), amounting to approximately $803,552. \nAnalysts considered the transactions significant, particularly since they came just hours before the much-anticipated Bitcoin halving event. \nYou might also like:  VC roundup: Centrifuge, Crypto Valley Exchange, Nebra lock in funding rounds \nHowever, while the halving brought a sense of subdued sentiment to the crypto market after an earlier surge in anticipation, Wood said she remains undeterred in her confidence in Bitcoin’s long-term potential, possibly indicated by her company’s gazumping of the BTC ETFs.\n\n\n\n\nIn a recent interview, she shared insights into ARK’s investment strategies, emphasizing her positive outlook on transformative technologies such as artificial intelligence, electric vehicles, and, of course, the cryptocurrency sector. \nHer firm has also made headlines in Europe with the launch of its first three European UCITS ETFs, expanding its global footprint and catering to the growing demand for its investment strategies. \nThe ETFs were listed on Deutsche Borse Xetra on April 18 and are slated for listing on additional European exchanges in the coming weeks.\nRead more:  Meme coin mania is back: DOGE, SHIB, FLOKI prices surge","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2429951442"}