Cathie Wood’s Ark Bought More Block Stock, Worth More Than $4 Million
Ark’s flagship exchange traded fund, Ark Innovation ETF (ARKK), purchased 50,858 shares in Block, according to an update from the fund manager’s trading desk on Friday.
Crypto Evening Briefing: Cathie Wood's Ark Launches Private Crypto Fund, Raises $16.3 Million
Cathie Wood's Ark Investment has raised more than $16 million for two new private crypto funds as digital assets resume rally despite increasing regulatory pressure.
Cathie Wood’s Ark Invest Keeps Block Spending Spree Going, Adds $9 Million
Cathie Wood's Ark Invest purchased shares in Jack Dorsey's Block for the third day.
Cathie Wood's Ark Launches Private Crypto Fund, Raises $16.3 Million
Cathie Wood's Ark Investment has raised more than $16 million for two new private crypto funds as digital assets resume rally despite increasing regulatory pressure.
Crypto Acted As Safe Haven Amid SVB and Signature Bank Run: Cathie Wood
Amid all the chaos around multiple bank runs in the United States, Cathie Wood, CEO of asset management firm Ark Invest, said cryptocurrencies acted as safe haven amid the ongoing banking crisis in the US. She blamed the recent downfall of the likes of Silicon Valley Bank (SVB), Signature and others on the Fed’s policy failure.
Cointime News Wrapup-Afternoon Version: Shiba Inu Token Falls 10% Amid Shibarium Code Drama
SHIB prices were down 10% in the past 24 hours, data shows.
Cathie Wood Says Crypto Did Not Force SVB and Signature Into Bankruptcy, Fed Policy Did
Cathie Wood, the founder and CEO of ARK Invest, wrote on Twitter:"Crypto did not force SVB and Signature into bankruptcy. In my view, Fed policy was the primary culprit. Because of a VC funding drought and higher yields on money market funds, deposits left the US banking system."
Cathie Wood: Fed Policy Was the Primary Culprit of SVB and Signature Bankruptcy
Because of a VC funding drought and higher yields on money market funds, deposits left the US banking system.
Ark Continues Block Spending Spree, Adds Further $13.7 Million Across Three Funds
Ark Invest, Cathie Wood's investment management firm, added 186,284 Block shares to three funds on Tuesday. The purchases were estimated at around $13.7 million.
ARK Invest’s Cathie Wood Claims Current Banking Crisis Was Inevitable
Cathie Wood, the founder of ARK Invest, an American investment management firm that invests in disruptive technologies, including exposure to cryptocurrencies, thinks the current banking crisis in the United States was inevitable.
