

others
Cathie Wood’s Ark Invest Adds ARKB Bitcoin ETF Worth $51 Mln This Week; Buys Tesla Shares – Crypto News
Cathie Wood’s asset management firm Ark Invest added additional units of ARK 21Shares Bitcoin ETF (ARKB), increasing its total ARKB purchase this week to $51 million. ARKW has been consistently purging holdings in ProShares Bitcoin Strategy ETF (BITO) since the approval and listing of spot Bitcoin ETFs.
Meanwhile, Ark Invest funds are on an accumulation spree for Elon Musk’s Tesla (TSLA) shares, along with other key shares.
Cathie Wood’s Ark Buys More ARKB Bitcoin ETF Units
On January 26, Cathie Wood’s Ark Invest purchased 127,435 Ark 21Shares Bitcoin ETF (ARKB) units worth $5.4 million, as per trades seen by CoinGape.
ARK Next Generation Internet ETF(ARKW) offloaded 78,345 shares of ProShares Bitcoin Strategy ETF (BITO) valued at approximately $1.59 million and other shares such as Twilio, UiPath and DraftKings to buy ARKB spot Bitcoin ETF units.
With the latest purchase, ARKW has bought 1.27 million ARKB units worth $51 million this week. CoinGape earlier reported that ARKW purchased 1.04 million ARKB units worth $43 million last week. Thus, a total of ARKB is worth almost $95 million.
As per Ark Invest data, ARKB has Bitcoin with a market value of $529.18 million until Jan 26.
Shares including BITO and ARKB ETFs prices jumped after the PCE data revealed that inflation cooled to 2.9%. ProShares Bitcoin Strategy ETF (BITO) price closed 5.62% higher at $20.30 on Friday. Whereas, Ark 21Shares Bitcoin ETF (ARKB) price closed 5.39% higher at $42.02.
Also Read: XRP Ledger Hits New Milestone With 5 Million Wallets, XRP Price Rally Imminent?
ARK Invest Buying Tesla (TSLA)
Cathie Wood’s Ark Invest funds are on a buying spree for Tesla shares. After buying TSLA stocks worth $32 million on Thursday, ARK funds purchased another hefty $33 million worth of shares in total.
ARK Innovation ETF (ARKK) bought 151,984 Tesla shares and ARK Next Generation Internet ETF (ARKW) purchased 30,557 TSLA shares.
TSLA price closed at $183.25 on Friday, up 0.34%. Elon Musk’s Tesla stock price dropped 13.67% this week.
Also Read: Crypto Market Recovery — Here’s Why Bitcoin, ETH, SOL, XRP Are Up Today
<!–
–>
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
<!–
–>
-
Blockchain1 week ago
Ripple and Ctrl Alt Team to Support Real Estate Tokenization – Crypto News
-
Cryptocurrency1 week ago
Satoshi-Era Bitcoin Whale Moves Another $2.42 Billion, What’s Happening? – Crypto News
-
Cryptocurrency1 week ago
Bitcoin Breaches $120K, Institutional FOMO Takes and House Debate Propel Gains – Crypto News
-
Cryptocurrency1 week ago
It’s a Statement, Says Bitfinex Alpha – Crypto News
-
others1 week ago
EUR/USD recovers with trade talks and Fed independence in focus – Crypto News
-
Technology1 week ago
Fed Rate Cut Odds Surge As Powell’s Future Hangs In The Balance – Crypto News
-
Technology1 week ago
Fed Rate Cut Odds Surge As Powell’s Future Hangs In The Balance – Crypto News
-
Business7 days ago
XLM Is More Bullish Than ETH, SOL, And XRP, Peter Brandt Declares – Crypto News
-
others1 week ago
Bitcoin Critic Vanguard Becomes Strategy’s (MSTR) Largest Shareholder – Crypto News
-
Business1 week ago
Pepe Coin Rich List June 2025: Who’s Holding Highest PEPE as it Nears Half a Million Holders? – Crypto News
-
Metaverse1 week ago
Why voice is emerging as India’s next frontier for AI interaction – Crypto News
-
Cryptocurrency7 days ago
Anarchy, crime and stablecoins – Blockworks – Crypto News
-
Cryptocurrency1 week ago
Stellar [XLM] bulls exhausted after rally – Is a pullback nearby? – Crypto News
-
Technology1 week ago
V Guard INSIGHT-G BLDC fan review: Cool performer with a premium look – Crypto News
-
Cryptocurrency1 week ago
Fed’s Hammack Raises Inflation Concerns Amid Push For Interest Rate Cut – Crypto News
-
Cryptocurrency1 week ago
1inch price forecast: 1INCH hits 7-month high after double digit gains – Crypto News
-
Cryptocurrency1 week ago
1inch price forecast: 1INCH hits 7-month high after double digit gains – Crypto News
-
others1 week ago
Top Crypto Exchange by Trading Volume Binance Announces Airdrop for New Ethereum (ETH) Ecosystem Altcoin – Crypto News
-
others1 week ago
VanEck Details Key Drivers Boosting Bitcoin Price, Including Corporate Treasury Demand, ETF Flows and More – Crypto News
-
Business1 week ago
XRP Lawsuit Update: Ripple Paid $125M in Cash, Settlement Hinges on Appeal – Crypto News
-
Cryptocurrency1 week ago
Bitcoin trades near $119K after new all-time high; Coinbase rebrands wallet to ‘Base App’ – Crypto News
-
Technology5 days ago
“Decentralized Ponzi Scheme”- Gold Bug Peter Schiff Slams Landmark Crypto Bills – Crypto News
-
Business1 week ago
CME XRP Futures Hit $1.6B In Total Trading Volume Since Launch – Crypto News
-
Technology1 week ago
XLM Price Forecast: Why Stellar Lumens May Crash After 80% Rally in Last 7 Days – Crypto News
-
others1 week ago
Scammer Drains $10,000,000 From IRS in International Tax Fraud and Identity Theft Scheme: DOJ – Crypto News
-
Business1 week ago
Ethereum Price Prediction- Bulls Target $3,700 As ETH Treasury Accumulation Soars – Crypto News
-
others1 week ago
GBP/USD rallies on US PPI dip and Trump’s potential Powell removal – Crypto News
-
others1 week ago
GBP/USD rallies on US PPI dip and Trump’s potential Powell removal – Crypto News
-
Cryptocurrency1 week ago
Russia’s $85 Billion Sberbank to Launch Crypto Custody Services – Crypto News
-
Cryptocurrency5 days ago
California Sheriffs Believe 74-Year-Old’s Disappearance Linked to Son’s Crypto Fortune – Crypto News
-
Cryptocurrency5 days ago
Shytoshi Kusama Breaks Silence on New SHIB AI Whitepaper and Transformed Future – Crypto News
-
Cryptocurrency5 days ago
Altseason heats up, but Bitcoin could face short-term pullback – How? – Crypto News
-
Cryptocurrency1 week ago
Hypercharged Exposure to XRP and Solana Now Available With These Two ETFs – Crypto News
-
Cryptocurrency1 week ago
Nothing Burger or Crypto Catalyst? – Crypto News
-
Metaverse1 week ago
Nvidia’s Jensen Huang says AI ‘fundamental like electricity’, praises Chinese models as ‘catalyst for global progress’ – Crypto News
-
Business1 week ago
$800 Billion JPMorgan To Rival Tether, Circle, and Ripple In Stablecoin Race – Crypto News
-
Blockchain1 week ago
BitMine Shares Rallied After Peter Thiel Investment. – Crypto News
-
De-fi1 week ago
U.S. Marshals Peg Federal Bitcoin Holdings at 28,988 Tokens Worth $3.4 B – Crypto News
-
De-fi7 days ago
U.S. House Passes Clarity, GENIUS, and Anti-CBDC Acts With Historic Bipartisan Support for Crypto – Crypto News
-
De-fi6 days ago
BNB Chain Teases New Blockchain with Privacy Features to Compete With Crypto Exchanges – Crypto News
-
Cryptocurrency6 days ago
XRP Price Spikes to Record Highs As Momentum Signals Extended Gains – Crypto News
-
Blockchain6 days ago
Why Bitcoin self-custody is declining in the ETF era – Crypto News
-
Cryptocurrency6 days ago
US House passes three key crypto bills; market reaction muted as Bitcoin dips – Crypto News
-
Technology6 days ago
Breaking: GENIUS Act Becomes First Major Crypto Legislation as Trump Signs Bill – Crypto News
-
De-fi6 days ago
Crypto Market Cap Hits $4 Trillion Milestone as US House Passes Landmark Bills – Crypto News
-
De-fi6 days ago
Crypto Market Cap Hits $4 Trillion Milestone as US House Passes Landmark Bills – Crypto News
-
others4 days ago
Why Is The Crypto Market Rising Today? – Crypto News
-
Blockchain3 days ago
Institutional Demand Surges As Ethereum Sets New Inflow Records – Crypto News
-
Technology1 week ago
V Guard INSIGHT-G BLDC fan review: Cool performer with a premium look – Crypto News
-
Cryptocurrency1 week ago
Fed’s Hammack Raises Inflation Concerns Amid Push For Interest Rate Cut – Crypto News
✓ Share: