By Emir Abyazov Key highlights: Bitcoin ETFs recorded $355 million in inflows after seven straight days of losses. Improved global liquidity and easing market pressure helped drive renewed demand. Analysts say the rebound reflects short-term positioning rather than a full trend reversal. Spot Bitcoin exchange-traded funds (ETFs) ended a seven-day losing streak this week, […]
Tag: ARK
By Scott Matherson Last week was a good week for digital asset investment products, which attracted a collective $3.3 billion in inflows, according to the latest weekly report from CoinShares. The latest inflow numbers pushed assets under management (AuM) back to $239 billion, just shy of August’s all-time high of $244 billion. The rebound in […]
By Emir Abyazov Key highlights: ARK Invest boosts its stake in Bitmine, now worth over $300M. Ethereum exposure grows as Bitmine’s ETH holdings hit $7.5B. Despite stock dip, Bitmine remains up nearly 500% YTD. ARK Invest expands bet on Bitmine with $15.6M purchase ARK Invest (ARK), the fund led by Cathie Wood, acquired an […]