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Cathie Wood-Led Ark Invest, Offloads $12.6M In ProShares Bitcoin Strategy ETF Units, Acquires $21M Of Its Own Spot ETF Amid Crypto Volatility
Tuesday, January 23, 2024 - 12:19am | 668Read More...In a significant move on Monday, Cathie Wood-led Ark Invest made a headline-grabbing trade by selling a substantial amount of ProShares Bitcoin Strategy ETF (NYSE:BITO) units and concurrently increasing its stake in the ARK 21Shares Bitcoin ETF (NYSE:ARKB). This strategic shift in Ark Invest’...
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Barron's Latest Picks And Pans: Bitcoin ETFs, Chesapeake Energy, HP, WeWork And More
Saturday, October 23, 2021 - 3:53pm | 811Read More...This weekend's Barron's cover story examines why investors should be wary of Bitcoin exchange-traded funds. Other featured articles discuss how to find opportunities in preferred stocks and which utilities now look undervalued. Also, see the prospects for a natural gas play, an...
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As Bitcoin Scales New Heights, Jack Dorsey's 'Cryptic' Crypto Tweets Keep The Twitterverse Guessing
Wednesday, October 20, 2021 - 5:55pm | 621Read More...Bitcoin (CRYPTO: BTC) reached a new high amid the momentum imparted by the launch of the first U.S. Bitcoin futures-based ETF, ProShares Bitcoin Strategy ETF (ARCA: BITO). What Happened: Bitcoin-backer and Twitter Inc (NASDAQ: TWTR) co-founder and CEO Jack Dorsey...
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What Is Fueling The Rise Of Bitcoin Beyond The Bitcoin Futures ETF Listing?
Wednesday, October 20, 2021 - 1:15pm | 514Read More...Bitcoin (CRYPTO: BTC) is making new all-time highs following the listing of the first Bitcoin futures ETF, but that's not the only reason Bitcoin is surging Wednesday, according to BTIG analyst Mark Palmer. Bitcoin: A Safe Haven? "If you look at Bitcoin in the...
