Bitcoin hits record high. Why crypto’s rally may lose steam
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BlackRock’s IBIT led Thursday’s ETF inflows with $448.5 million, as capital consolidated into top issuers despite outflows from GBTC.
ARK Invest's June report notes a 15-year high in long-term bitcoin holders amid declining new investor activity.
The fund offloaded 16,627 Coinbase shares and 58,504 Robinhood shares. It also sold roughly $1.7 million in Block Inc. stock.
MicroCloud Hologram (NASDAQ:HOLO) has invested up to $200 million in Bitcoin and cryptocurrency-related securities derivatives, generating a cumulative investment income of $34.02 million as of July 11.
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Cryptopolitan on MSNBitcoin ETFs see biggest inflow since Trump’s White House comebackUS Bitcoin spot exchange-traded funds (ETFs) recorded their second-biggest inflow day in history. The Bitcoin ETF infow rate is surpassed only by the day
Ark Invest sold shares of Coinbase, Robinhood, and Block during a major crypto rally. Stock prices climbed even as the firm reduced its holdings.
According to an ARK Invest report, Bitcoin's on-chain momentum is currently bearish, with capital flows decreasing in the second quarter. Despite failing to reach new all-time highs since May, the number of long-term BTC holders has reached a 15-year high.
On June 22, Cathie Wood’s ARK Invest has offloaded $146 million worth of Circle stock as CRCL surged 248% since its IPO. Despite the selloff, ARK remains Circle’s 8th-largest shareholder with $750 million still held across funds. The move marks ARK’s third major dump this week amid growing momentum in stablecoin adoption.
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Cryptopolitan on MSNCathie Wood’s Ark eyes a comeback with “Diet ETFs” after bleeding billionsAfter bleeding billions from its flagship funds, Cathie Wood’s ARK Investment Management is entering into the booming “buffer ETF” arena.
The ARK 21Shares Bitcoin ETF is a collaborative effort between 21Shares US LLC and ARK Investment Management LLC, focusing on investing directly in Bitcoin. This ETF aims to mirror the performance ...
Spot Bitcoin ETFs saw a 65% drop in weekly inflows, while early-stage project Bitcoin Pepe continues gaining traction.
Bitcoin bullish momentum fades as new buyers decline, but long-term holders reach 15-year highs, says ARK Invest.