Newcomers to cryptocurrencies will now be able to purchase bitcoin through Buy Widget, aa new product developed by the California-based bitcoin wallet provider.
Kiyosaki, a long-time supporter of BTC, has endorsed Wood’s forecast, expressing his trust in her insights and intelligence.
On April 8, US spot Bitcoin ETFs suffered their worst day for net outflows since March 20, with funds experiencing a $223.8 million outflow.
Ark Invest CEO Cathie Wood has reiterated her prediction for the price of Bitcoin to hit the $1.5 million target.
In an unprecedented shift in the Bitcoin ETF market, Cathie Wood’s ARK 21Shares Bitcoin ETF (ARKB) experienced a record outflow of $87.5 million on April 2, surpassing Grayscale’s Bitcoin Trust (GBTC) for the first time.
Recent changes to ARK’s investment portfolio demonstrate the company’s dedication to spotting and seizing new market trends.
ARK’s recent offloading of Coinbase shares stands out as one of its significant divestments in 2024. Prior to Thursday’s sale, ARK sold off 270,365 shares of Coinbase on March 11.
In addition to selling Coinbase shares, Ark Invest also divested 686,864 Robinhood shares from its Next Generation Internet (ARKW) and Fintech Innovation (ARKF) funds.
The move by Ark Invest and 21Shares to integrate with the Chainlink network will help level up transparency and confidence in ARKB.
The ETH ETF amendment from ARK shows that there is a provision for cash creation and redemption, in addition to the possibility of staking.
Cathie Wood stated that Bitcoin is generally easier to purchase than gold, or at least it appears that way to consumers.