Follow crypto investment news, capital flows, venture activity, institutional strategies, and portfolio moves across digital assets.
Bitcoin's correlation with equities like Nasdaq 100 has significantly declined in the past year.
Oluwapelumi Adejumo 2 min read 
The banking giant analysts also speculated that the newly launched ETFs will play a prominent role in BTC price discovery.
JPMorgan downgraded Coinbase shares to underweight because of the current market conditions.
ARKB now makes up roughly 4% of ARKW's investment portfolio.
High-cost ETF issuers in the United States have reported substantial outflows from their funds since spot BTC ETFs were launched.
ARK's strategic ETF realignment sparked discussion within the crypto community about the company strategy.
CoinShares said the deal follows the recent approval of Valkyrie’s spot Bitcoin ETF by the SEC.
The SEC will soon vote on exchange rule changes and sign off on S-1 forms.
A Friday approval looks increasingly unlikely, but a Jan. 10 deadline still holds.
