Cathie Wood’s Ark Buys the Crypto Stock Dip, Investing $72M as Bitcoin Slumps
Ark Invest, led by Cathie Wood, purchased approximately $72 million in crypto-related stocks on Monday amid a market slide triggered by Bitcoin falling below $75,000.
Ark Invest, led by Cathie Wood, purchased approximately $72 million in crypto-related stocks on Monday amid a market slide triggered by Bitcoin falling below $75,000.
A substantial $1.42 billion poured into US spot Bitcoin ETFs last week, delivering the best weekly inflow figure since October.
The new year’s rally for spot Bitcoin ETFs in the US faced a setback on Tuesday.
El Salvador is moving forward with plans to sell its Chivo Bitcoin wallet, with the International Monetary Fund confirming that negotiations are progressing.
Bitcoin’s near-term fate may be influenced by the Federal Reserve’s policy statement today, with CryptoQuant suggesting a dovish shift could ignite a rally toward $112,000.
A network of cryptocurrency wallets connected to the defunct Silk Road marketplace sprung to life on Tuesday, transferring millions of dollars in Bitcoin after ten years of inactivity.
Data shows outflows dominated most of the month before a late influx. While Bitcoin and Ethereum funds saw major outflows, newer altcoin ETFs gathered inflows.

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financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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