arkinvest

ChainCatcher news, blockchain analytics company Glassnode has partnered with ARKInvest to launch a new framework for analyzing the Bitcoin economy called Cointime Economics. This framework establishes a new set of analytical tools, including over 30 new indicators, as well as improved valuation and pricing models to validate and enhance traditional on-chain analysis methods.

ChainCatcher news, according to Bloomberg, ARK Invest CEO Cathie Wood stated, "The U.S. Securities and Exchange Commission (SEC) may approve multiple Bitcoin spot ETFs at the same time. I believe that if the SEC is going to approve one Bitcoin spot ETF, it will approve multiple Bitcoin spot ETFs simultaneously."Additionally, according to a report from The Block yesterday, Cathie Wood indicated that the Bitcoin spot ETF application submitted by ARK Invest is expected to be delayed again.

ChainCatcher news, Ark Invest analyst Yassine Elmandjra wrote in a report on Monday, "In the U.S., the uncertainty regarding regulation seems to frustrate both existing companies and new entrants in the cryptocurrency market." The U.S. risks losing its leading position in the global crypto ecosystem to countries like the UAE, South Korea, Australia, and Switzerland.Elmandjra cited data from CoinMetrics indicating that the daily trading volume of Bitcoin in the U.S. has dropped from $20 billion in March to about $4 billion, a decrease of 75%. Additionally, last week, the price of Bitcoin on Binance.US was $600 higher than on other exchanges, indicating a weaker price discovery capability in the U.S. (source link)

ChainCatcher news, Cathie Wood's asset management company Ark Invest continues to increase its holdings in Coinbase stock within its funds, adding another $20.5 million yesterday after increasing its position on Wednesday.According to its latest trading documents, Ark Invest added 301,437 shares of Coinbase stock to its Ark Innovation ETF and 52,525 shares to the Ark Next Generation Internet fund. Shares of the cryptocurrency trading platform Coinbase closed down 7.8% at $58.09 on Thursday. Based on the closing price, Ark Invest's recent acquisition cost was approximately $20.5 million. (source link)

ChainCatcher News, the U.S. Securities and Exchange Commission (SEC) has once again rejected the spot Bitcoin ETF listing applications from Ark Invest and 21Shares, stating that they failed to "prove that their proposal meets the requirements to prevent fraud and other malicious acts."Previously reported, the SEC first rejected Ark and 21Shares' spot Bitcoin ETF application in April last year, citing a lack of investor protection. They subsequently submitted another application in May, and the SEC has delayed its decision multiple times. (Source link)

ChainCatcher news, according to CoinDesk, Cathie Wood's asset management company Ark Invest has again increased its stake in Coinbase by $5 million. Coinbase's stock price closed down 11.06% at $33.53 on Thursday.According to previous reports, on December 30, a week ago, Ark Invest had also increased its stake in Coinbase by $5 million. (Source link)

ChainCatcher news, according to CoinDesk, Cathie Wood's asset management company Ark Invest increased its stake in Coinbase stock worth $5 million. Coinbase's stock closed at $34.78 on the New York Stock Exchange on Thursday, up nearly 7%. (source link)