A bullish Ark Invest on Wednesday more than doubled its stake in Zymergen Inc (NASDAQ: ZY) after it plummeted due to the company’s “immaterial” revenue warning.
A private Bitcoin (CRYPTO: BTC) fund is now reportedly in the works at JPMorgan Chase & Co (NYSE: JPM) even though its CEO Jamie Dimon has been less than enthusiast
Cathie Wood-led Ark Invest on Wednesday shed less than half a percent of its position in Elon Musk-led Tesla Inc (NASDAQ: TSLA) as the shares of the electric vehicle company climbed.
Grayscale Investments plans to convert its largest fund – the Grayscale Bitcoin Trust (OTCMKTS: GBTC) – to a Bitcoin (CRYPTO: BTC) exchange-traded fund, despite the unfavorable odds prevailing in the market.
In financial markets, there are certain price levels that are more important than others. And the ETFMG Alternative Harvest ETF (NYSE: MJ) is getting close to one. If it reaches it, it could be a good time to buy it.
Cathie Wood-led Ark Invest on Tuesday shed nearly 12.6% of its stake in Snap Inc (NYSE: SNAP), continuing the investment firm’s months-long selling spree in the Snapchat parent.
What Happened: The U.S. Securities and Exchange Commission (SEC) hasn’t approved a single application for a Bitcoin (CRYPTO: BTC) exchange-traded fund (ETF) so far, and according to the Blockchain Association’s Karen Smith, it isn’t likely to anytime in the near future.
Cathie Wood-led Ark Invest on Monday rushed to book profit in Square Inc (NYSE: SQ) as the shares of the company skyrocketed after the second-quarter earnings result and the $29 billion Afterpay acquisition.