ARK Invest, led by Cathie Wood, has executed notable trades across its ETF suite amid recent market volatility. The firm sold 559.85 BTC ($64.4M) from its ARKB Bitcoin ETF, coinciding with a broader sell-off in crypto ETFs and Bitcoin’s price decline from recent highs. Simultaneously, ARK’s Innovation ETF (ARKK) purchased $21.2M in Bullish shares and $16.2M in Robinhood stock, continuing a pattern of accumulation in these positions. Both ETFs saw daily declines (ARKB -2.79%, ARKK -3.99%) as markets remain shaky ahead of the Federal Reserve’s Jackson Hole symposium, which is expected to influence near-term market direction. The trades reflect ARK’s active management approach during correction periods.
read moreARK 21Shares Bitcoin ETF
ARK Invest Sells Bitcoin ETF & Coinbase Shares Amid Rally
ARK Invest, led by Cathie Wood, offloaded $8.7M worth of its ARK 21Shares Bitcoin ETF (ARKB) and $13.3M in Coinbase (COIN) shares as Bitcoin briefly surpassed $123K and COIN hit a record high. Analysts speculate the sales could reflect profit-taking before the CPI release or a strategic pivot toward higher-return assets. This follows ARK’s earlier $95M COIN sale this month, aligning with regulatory pressures on the exchange. Despite ARKB’s $6.2M outflows, spot Bitcoin ETFs saw $403.1M in net inflows, led by BlackRock’s IBIT. ARKB remains a key holding in ARKW, with $2.9B in cumulative inflows since launch.
read moreCalamos Files for Laddered Bitcoin ETF with 20% Loss Protection
Calamos Investments, managing over $40 billion in assets, has submitted a filing for a ‘laddered’ Bitcoin ETF designed to protect investors from losses exceeding 20%. The ETF will invest in options contracts linked to five established Bitcoin ETFs, including BlackRock’s iShares Bitcoin Trust and Grayscale’s Bitcoin Mini Trust. This move reflects growing demand for crypto exposure with risk mitigation, as Bitcoin’s volatility remains significantly higher than traditional equity indexes. Calamos previously launched three ‘protected’ Bitcoin ETFs in January, signaling a strategic focus on safer crypto investment products.
read moreARK Invest Sells Record $8.7M in Bitcoin ETF Shares Post-Split
ARK Invest sold 225,742 shares of its ARK 21Shares Bitcoin ETF (ARKB) for $8.7 million, marking its largest single-day sale on record. The move came after ARKB hit a new all-time high above $39 post-stock split, equivalent to nearly $118 pre-split. The sale was executed from ARK’s Next Generation Internet ETF (ARKW), reflecting strategic adjustments in its crypto holdings amid market highs.
read more21Shares Cuts Bitcoin ETF Cost to Attract Retail Investors
21Shares has announced a 3-for-1 share split for its ARK 21Shares Bitcoin ETF (ARKB) to make it more appealing to retail investors. The split, scheduled for June 16, aims to lower the cost per share, improving accessibility and trading efficiency while keeping the fund’s Bitcoin holdings and investment strategy unchanged. The total net asset value of the ETF will remain the same, and trading will continue as usual. This move reflects the growing competition among Bitcoin ETF issuers to attract a broader investor base.
read moreBlackRock Bitcoin ETF Hits $72B, 33-Day Inflow Streak
BlackRock’s iShares Bitcoin Trust (IBIT) has extended its inflow streak to 33 consecutive days, with $481 million added on May 28 alone. The fund has absorbed $3.86 billion over the past two weeks and now holds $72 billion in assets, ranking it among the top 5 ETFs by inflows this year. Analysts highlight the institutional-driven nature of this rally, with Bloomberg’s Eric Balchunas noting IBIT’s unprecedented growth for a one-year-old ETF. Meanwhile, Bitcoin’s spot market dipped 2%, while Ethereum gained 4%, reflecting mixed crypto market movements. Speculation grows that a major U.S. corporation like Meta or Microsoft could soon add Bitcoin to its balance sheet, potentially accelerating institutional adoption.
read moreSpot Bitcoin ETFs Hit $2.75B Weekly Inflows as BTC Soars
Spot Bitcoin ETFs recorded $2.75 billion in inflows this week, a sharp increase from $608 million the prior week, as Bitcoin prices surged past $109,000 and briefly touched $111,980. BlackRock’s IBIT dominated flows, pulling in $431 million on May 23 alone, while Grayscale’s GBTC and ARK 21Shares’ ARKB saw outflows. Despite a slight pullback in Bitcoin’s price and a dip in the Crypto Fear & Greed Index, analysts note limited profit-taking and strong institutional demand. May’s total inflows of $5.40 billion are nearing November 2024’s record $6.50 billion, with five trading days remaining. The rally highlights growing investor preference for regulated, easy-to-access Bitcoin exposure via ETFs.
read more$11M Exploit Hits Cetus Protocol on Sui Blockchain
Cetus Protocol, a top decentralized exchange on Sui, was exploited for roughly $11 million from its SUI/USDC pool. The attacker manipulated pricing curves using spoof tokens, withdrew real assets, and executed repeated drain cycles. The wallet linked to the exploit initially held over $12 million across 260+ tokens, with rapid dispersal observed. Cetus paused contracts and launched an investigation with blockchain security firms. The native token CETUS dropped over 40%, while memecoins like MOJO and HIPPO crashed 75-90%. The incident raises concerns about DeFi security as Sui’s TVL had recently surpassed $2.2 billion. Binance’s team has offered support, while recovery efforts are complicated by cross-chain fund movements.
read moreBitcoin ETFs Hit $42B as Investors Pour $1B in Days
Spot Bitcoin ETFs in the U.S. continue their record-breaking streak, with investors pouring nearly $1 billion in just three days this week, pushing total net inflows past $42 billion. BlackRock’s iShares Bitcoin Trust (IBIT) led the charge with $600 million, followed by Fidelity and Ark 21Shares. Bitcoin’s price surged to $109,565 before settling around $107,000, up 23% in a month. Analysts call these ETFs the most successful in history, with $127 billion in assets under management across 11 funds. The SEC’s approval earlier this year has mainstreamed crypto investing, eliminating the need for direct BTC ownership.
read moreBitcoin ETFs See Record Inflows as BTC Tops $100K
Bitcoin ETFs recorded their best trading day since May 2, with total inflows reaching $667.4 million. Fidelity’s Wise Origin Bitcoin Fund and ARK 21Shares Bitcoin ETF accounted for more than half of the inflows, while BlackRock’s iShares Bitcoin Trust dominated with $305.9 million. Bitcoin’s price surged past $100,000 for 12 consecutive days, hitting a record weekly close. Hedge funds are capitalizing on the spot-futures basis trade, while gold’s 22% YTD gains outpace Bitcoin’s 12%. Vanguard remains absent from the Bitcoin ETF space, though analysts speculate it may reconsider if BTC reaches $150K-$200K.
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