ARK Invest
Ark Invest, led by Cathie Wood, has submitted filings to U.S. regulators for two new cryptocurrency exchange-traded funds based on the CoinDesk 20 index. One fund would mirror the index, which covers major digital assets like bitcoin and ether, while the other would exclude bitcoin through a futures strategy. These products aim to provide diversified crypto exposure without direct ownership of tokens.
Iniulat ng AI
Cathie Wood's ARK Invest has boosted its holdings in crypto-related companies as prices decline across the sector. On Friday, the firm purchased shares in Coinbase, Circle, and Bullish, signaling continued institutional interest. This move comes alongside announcements from major players like UBS and PwC affirming crypto's growing legitimacy.