Cathie Wood | Crypto

Bullish celebrated its US debut after securing New York’s BitLicense and money transmission license, launching trading across 20 states and partnering with BitGo and Nonco. Cathie Wood’s ARK Invest has expanded its bet on Bullish, the digital asset exchange that recently went public on the New York Stock Exchange under the ticker BLSH, acquiring over $5 million worth of shares across multiple ETFs. According to daily trade disclosures from Friday, ARK Innovation ETF (ARKK) bought 72,537 Bullish shares, ARK Next Generation Internet ETF (ARKW) added 21,354, and ARK Fintech Innovation ETF (ARKF) purchased 11,122 shares. The new purchase comes as ARK Invest purchased $8.27 million in Bullish shares in mid-October through two of its funds. The firm has been continuing its accumulation since the exchange’s $1.1 billion NYSE debut, when ARK bought roughly $172 million worth of shares across its funds. Read more

ARK Invest’s Cathie Wood says Hyperliquid reminds her of Solana’s early days, but maintains that Bitcoin remains the core of her crypto thesis. ARK Invest CEO Cathie Wood has compared Hyperliquid to Solana’s early-stage promise, calling it “the new kid on the block.” “It’s exciting. It reminds me of Solana in the earlier days, and Solana has proven its worth and is, you know, there with the big boys,” Wood said during a recent interview on the Master Investor podcast. ARK Invest currently holds three main crypto assets in its public funds, including Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). The firm’s exposure to Solana is through Breera Sports, which Wood clarified is tied to the Solana treasury and supported by Middle Eastern investors. She also noted advisory ties to the project through economist Art Laffer. Read more

Cathie Wood’s Ark Invest has expanded its crypto exposure with a $15.6M purchase of BitMine shares across three ETFs. The move builds on more than $200M of earlier acquisitions, reflecting Wood’s confidence in BitMine’s Ethereum-focused strategy while trimming Coinbase and Roblox holdings. The post Cathie Wood’s Ark Invest Buys $15.6M BMNR – Bet on Tom Lee’s ETH Treasury? appeared first on Cryptonews.

Lauded tech investor Cathie Wood got in on the latest blockbuster crypto IPO, with Ark Invest buying up millions of shares in Bullish.

The move reflects rising institutional appetite for yield-generating crypto exposure, according to SOL Strategies. Update (8:39 PM UTC): This article has been updated to [update the YouTube video.] Cathie Wood’s ARK Invest has named Canada-based SOL Strategies as its exclusive staking partner for the company’s Digital Assets Revolutions Fund. Under the partnership, ARK Invest will move its validator operations to the SOL Strategies staking infrastructure. Created in 2020, the Fund typically invests in 10 to 12 cryptocurrencies aiming to generate returns over a full market cycle of four to five years. Read more

ARK’s latest Bitcoin ETF sale came shortly after ARKB hit a new all-time high above $39 in early July, equivalent to nearly $118 on a pre-split basis. Cathie Wood’s ARK Invest has offloaded its largest amount of shares in its spot Bitcoin ETF since the fund’s mid-June stock split. ARK offloaded 225,742 shares of the ARK 21Shares Bitcoin ETF (ARKB) from its ARK Next Generation Internet (ARKW) on Tuesday, according to a trade notification seen by Cointelegraph. The sale netted $8.7 million based on ARKB’s closing price of $38.70 on Tuesday, marking ARK’s largest single-day sale of ARKB shares on record. Read more

Cathie Wood’s Ark Invest sold $6.5 million worth of Coinbase Global shares and $5.8 million of Robinhood shares on Thursday. The post Cathie Wood’s Ark Invest Sells $6.5M Coinbase and $5.8M Robinhood Amid Bitcoin Rally appeared first on Cryptonews.

Circle’s eighth-largest holder, ARK Invest, continued offloading CRCL shares on Monday amid the stock briefly topping at $299. Cathie Wood’s investment company ARK Invest has continued dumping Circle shares after selling 1.25 million CRCL shares last week for about $243 million. ARK sold another 415,844 Circle shares from its funds for $109.6 million on Monday, according to a trade notification seen by Cointelegraph. The transactions marked the fourth Circle dump by ARK since the asset manager started offloading CRCL shares on June 16, just 11 days after Circle’s public launch on the New York Stock Exchange (NYSE). Read more

Cathie Wood’s ARK Invest offloaded $146.2 million worth of Circle (CRCL) shares on Friday, despite the stock surging nearly 250% since its June 5 debut. The post Cathie Wood’s ARK Sells $146M in Circle Stock Amid 250% Rally — What’s Driving the Exit? appeared first on Cryptonews.

Despite the massive sale, ARK remains the eighth largest Circle holder. Cathie Wood’s ARK Invest has increased its Circle selling spree as CRCL stock surged nearly 250% since its public debut. ARK dumped another 609,175 Circle shares from its three funds for $146.2 million on Friday, according to a trade notification seen by Cointelegraph. The sale came amid a 20.4% jump in the company’s shares on Friday, closing at $240.3, or 248% above the opening price of $69 on the New York Stock Exchange on June 5. Read more

Cathie Wood says crypto ETFs will not “lose a lot of their luster” and will stay around for those who just “wanna push a button.” ARK Invest CEO Cathie Wood says crypto exchange-traded funds (ETFs) will likely maintain their place in the economy, regardless of how widespread crypto wallet adoption becomes over the next decade. “I think ETFs are an important stepping stone because, you know, wallets seem so complicated, so much friction for consumers, they just wanna push a button,” Wood said at the Solana Accelerate event in New York on May 23. “So ETFs for those who want the convenience, I don’t think, will lose a lot of their luster,” she said. “But they will be a stepping stone into wallet-based.” Wood reiterated the extra layer of protection that crypto wallets provide: Read more

Ark Invest CEO Cathie Wood said the US economy is transitioning out of a prolonged “rolling recession” and entering a new era of productivity-led growth, powered by advances in AI, digital assets, and automation. After nearly three years of sector-specific slowdowns triggered by tighter monetary policy, Wood now sees signs of economic stabilization and renewed […] The post Cathie Wood predicts AI and Bitcoin to drive new phase of US economic growth appeared first on CryptoSlate.