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Cathie Wood’s ARK Invest Purchased Coinbase Stock on Its First Day of Trading

Cathie Wood’s ARK Invest Purchased Coinbase Stock on Its First Day of Trading

Ark Investment management LLC, led by widely popular portfolio manager Cathie Wood, purchased $246 million worth of Coinbase stock on April 14, the first day when the US crypto exchange was listed on Nasdaq stock market.

AdvisorShares Files for US Bitcoin Futures ETF

AdvisorShares Files for US Bitcoin Futures ETF

AdvisorShares investment manager becomes the latest firm to file an application for a Bitcoin futures ETF.

Crypto Investment Products, Funds Sees Net Outflows for 2nd Straight Week

Crypto Investment Products, Funds Sees Net Outflows for 2nd Straight Week

Digital asset manager CoinShares stated that crypto investment products and funds saw net outflows for a second straight week, according to Reuters.

Acorns to Start Offering Customers Access to Bitcoin via ProShares ETF

Acorns to Start Offering Customers Access to Bitcoin via ProShares ETF

Acorns is preparing to launch access to an ETF that enables users to own Bitcoin, without investing in the underlying asset.

BlackRock iShares Bitcoin Trust (IBIT) Sees Zero Inflows, Ending 71-Day Streak

BlackRock iShares Bitcoin Trust (IBIT) Sees Zero Inflows, Ending 71-Day Streak

BlackRock's iShares Bitcoin Trust (IBIT) has experienced a significant shift in investor sentiment, with zero inflows recorded for the first time since the introduction of Bitcoin ETFs in the US. This marks the end of a 71-day streak during which the ETF consistently attracted millions of dollars in daily investments. While other Bitcoin ETFs also experienced a slowdown in inflows, Fidelity Wise Origin Bitcoin Fund and ARK 21Shares Bitcoin ETF managed to secure inflows of $5.6 million and $4.2 million respectively.

ShareRing Integrates New Website with Blockchain-Based Digital Identities

ShareRing Integrates New Website with Blockchain-Based Digital Identities

To tackle the challenge of the loss of autonomy on personal data experienced in Web2, ShareRing has launched a new website with blockchain-powered digital identities that will usher in the Web3 era.

Cathie Wood’s Ark Invest Purchases Twitter Shares Worth $55.34 Million

Cathie Wood’s Ark Invest Purchases Twitter Shares Worth $55.34 Million

Ark Invest’s Cathie Wood is doubling down on her Twitter bet, buying more shares of the popular social media giant following Bitcoin tipping rollout on the social network platform.

ProShares To Debut First US ETF Betting on Bitcoin Plunge

ProShares To Debut First US ETF Betting on Bitcoin Plunge

ProShares is releasing a fund (ticker BITI) that is set to allow investors take short positions on Bitcoin futures.

Crypto ETP provider 21Shares' Parent Firm Raises $25m

Crypto ETP provider 21Shares' Parent Firm Raises $25m

21.co, the parent company of European ETF issuer 21Shares, has completed a $25 million financing led by Marshall Wace at a valuation of $2 billion.

Franklin Templeton Floats Metaverse ETF for EU Investors

Franklin Templeton Floats Metaverse ETF for EU Investors

American multinational holding company and global investment firm, Franklin Templeton has launched a metaverse-focused Exchange-Traded Product (ETP).

ShareRing Adopts NFC Technology to Enhance eKYC Solutions

ShareRing Adopts NFC Technology to Enhance eKYC Solutions

ShareRing, a blockchain-based ecosystem providing digital identity solutions, has integrated near-field communication (NFC) technology to make the electronic know your customer (eKYC) process more secure and reliable.

Block's Cash App Bitcoin Revenue Falls 7%

Block's Cash App Bitcoin Revenue Falls 7%

Jack Dorsey's Block Inc. reported a 7% reduction in Bitcoin sales in Q4, with its Cash App producing $25 million of BTC gross profit, down 25% YoY.

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