Key highlights: ARK Invest purchased approximately $530 million worth of SpaceX shares across three ETFs following the company’s IPO. SpaceX surged 19.2% on its first trading day, lifting its valuation above $2 trillion and cementing its status as one of the world’s most valuable companies. The purchase reinforces ARK’s long-term bullish thesis on Starlink, AI […]
Tag: ARK
By Wayne Jones The bad press facing stablecoin issuer Circle, following the $280 million exploit on the Solana trading protocol Drift, has gone up a notch after a California-based legal group filed a class action lawsuit against it, alleging it stood by while North Korea-linked hackers moved millions in stolen USDC through the firm’s own […]
By admin United States spot Bitcoin exchange traded funds recently experienced a significant influx of capital. In a single trading session, these funds saw approximately $411 million in net inflows. This movement sharply reversed previous outflows of $291 million and signals a robust return of institutional demand. The resurgence involves major issuers like BlackRock turning […]