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ARK Invest continues Bitcoin futures ETF rotation with multimillion-dollar ARKB purchase
ARKB now makes up roughly 4% of ARKW's investment portfolio.
Oluwapelumi Adejumo 2 min read
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Crypto investment products see first outflows of the year amid Bitcoin’s ‘very high trading volumes’
High-cost ETF issuers in the United States have reported substantial outflows from their funds since spot BTC ETFs were launched.
Investments
Cathie Wood-led ARK Invest divests BITO shares to double down on in-house Bitcoin ETF
ARK's strategic ETF realignment sparked discussion within the crypto community about the company strategy.
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Investments
CoinShares leverages Valkyrie acquisition to enter US Bitcoin ETF arena
CoinShares said the deal follows the recent approval of Valkyrie’s spot Bitcoin ETF by the SEC.
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Spot Bitcoin ETF exchanges and issuers instructed to submit final filings: Bloomberg
The SEC will soon vote on exchange rule changes and sign off on S-1 forms.
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TechCrunch reporter revises Bitcoin ETF prediction, expects greenlight next week
A Friday approval looks increasingly unlikely, but a Jan. 10 deadline still holds.
AI
Perplexity AI secures $73.6M in Series B funding, boosts valuation to $520M
The funding round was led by Institutional Venture Partners (IVP) and included a mix of venture capitalists and tech luminaries like Jeff Bezos, NVIDIA, and others.
ETF
Multiple spot Bitcoin ETFs will be approved, TechCrunch’s inside sources say
Reporter Jacquelyn Melinek said she is "expecting something" Friday.
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Spot Bitcoin ETF expected by just 39% of financial advisors this year: Bitwise survey
Other analysts and research firms predict a 90% chance of approval in January.
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Polymarket ETF odds fell to 70%, BTC saw 8% flash crash amidst Matrixport prediction
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BlackRock and Grayscale could add Goldman Sachs as authorized ETF participant
Investments
Bitcoin dominates as crypto investments skyrocket by 170% to $2.2 billion in 2023
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