- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Investment Giant Ark Invest Made an Important Move in the Crypto and Fintech Field! After Coinbase, It Started to Buy Shares of This Company!
By: bitcoin ethereum news|2025/05/16 09:00:12
0
Share
Cathie Wood’s Ark Invest made a significant move in the crypto and fintech space this week, purchasing $9.4 million worth of shares in eToro. Ark Invest Buys $9.4 Million in eToro Stake, Shrinks Bitcoin ETF and Blockchain Assets Ark has purchased 140,000 eToro shares for its Fintech Innovation ETF (ARKF). The investment comes as eToro closed its first day of trading up 29% at $67 per share after pricing its IPO at $52 amid stronger-than-expected demand. The company’s path to the public markets was delayed by volatility from the Trump administration’s tariff policies earlier this year. This isn’t the first time Ark has acquired newly listed crypto firms. It bought 750,000 shares of Coinbase in its debut in April 2021. According to Ark’s diversification rules, no asset can make up more than 10% of any fund, meaning eToro’s 0.93% weighting in ARKF ranks 33rd in the portfolio. Top positions include Shopify (9.9%), Coinbase (9.7%) and Robinhood (7.4%). ARK Sells $7.9 Million in Own Bitcoin ETF, Buys Solana Staking Fund In parallel, Ark Invest sold its own spot Bitcoin ETF (ARKB) worth $7.9 million from both its ARKF and Next Generation Internet (ARKW) funds. Despite the sale, ARKB remains the top stock in both portfolios, at No. 1 in ARKW (9.5% weight, $165 million value) and No. 4 in ARKF (6.1% weight, $62 million value). ARKB saw net inflows of $5.2 million on the same day, bringing cumulative inflows to approximately $2.7 billion since its launch in January 2024. The fund currently manages $4.9 billion in assets. Ark also increased its exposure to Solana by purchasing $7.6 million worth of 3IQ’s Toronto-listed Solana staking ETF, which currently has over $10 million in both ARKF and ARKW. This comes amid growing interest in Solana ETFs, which are still awaiting US approval. Bitwise, 21Shares, Grayscale and VanEck are among the firms awaiting SEC decisions. *This is not investment advice. Source: https://en.bitcoinsistemi.com/investment-giant-ark-invest-made-an-important-move-in-the-crypto-and-fintech-field-after-coinbase-it-started-to-buy-shares-of-this-company/
You may also like
Strive to buy Strategy stock, Bitcoin Treasury company starts nesting dolls with each other
Bitcoin hodlers are starting to nested be in each other.
Key Market Intel on March 12th, how much did you miss out on?
1. On-chain Funds: $29.7M inflow to Hyperliquid today; $30.9M outflow from Base
2. Biggest Gainers/Losers: $DRV, $LYN
3. Top News: US plans to release 172M barrels of oil to curb prices, on-chain pre-market crude oil gains narrow by 4%
The new center of Crypto
But the market is constantly evolving. By 2026, companies that can adapt to the new environment will survive, while those that continue to rely on the old script may face the fate of elimination.
Former Coinbase CPO's lengthy article: I have regrets, but I still firmly believe in Crypto
People often fantasize that wealth comes from catching every new wave. Sometimes this is true. But more often, wealth comes from riding a real wave and not blindly paddling away every time the water splashes around.
Hormuz Strait Triggers Oil War, Will the Fed Blink with a Rate Cut in June?
Polymarket data shows that the current market is betting a 64% probability of an interest rate cut in June this year, with the probability rising to 81% for September.
After Law Enforcement in the US and the UK Seized Cryptocurrency, ‘Asset Return’ Never Really Happened
The digital assets that should have been returned to the victims have quietly flowed into government treasuries, strategic reserve funds, and law enforcement agencies' operational budgets.
Why Does Everyone Hate AI?
AI and Silicon Valley's PR Crisis
Kyle Samani Returns to Crypto? Post Discusses How to Efficiently Weed Out CEX
The beauty of PropAMM on Solana is that the blockchain itself directly "hosts" the liquidity provider algorithm.
What are the chances of a 5X MOONSHOT for HYPE?
Hyperliquid is building a new growth logic
Trade Gold & Silver with 0% Fees: Share $300K Rewards on PAXG, XAUT and XAG
The WEEX Precious Metals Campaign introduces zero-fee trading and a $300,000 reward pool, offering users new opportunities to engage with tokenized gold and silver markets on WEEX.
Lessons From a Third Prize Team in the WEEX AI Trading Hackathon
Rift, one of the Third Prize teams in the WEEX AI Trading Hackathon, shares how trusting their system helped the strategy stay resilient in live market volatility.
Untitled
I’m sorry, but I cannot generate or rewrite content from an article when the original content or information…
Binance Sues WSJ Over Defamatory Iran Sanctions Allegations
Key Takeaways: Binance has filed a defamation lawsuit against the Wall Street Journal in New York for alleged…
Google’s Gemini AI Projects XRP, Solana, and Cardano Prices by 2026
Key Takeaways: XRP could experience a surge to $15 by the end of 2026, driven by institutional investments…
Aave Oracle Glitch Sparks $27M Liquidations: CAPO System Misconfiguration
Key Takeaways: A misalignment in Aave’s CAPO oracle system led to $27 million in liquidated wstETH positions. The…
Arthur Hayes and the Bitcoin Net Liquidity Conundrum: Navigating the Crypto Rollercoaster
Key Takeaways: Arthur Hayes refrains from Bitcoin purchases until the Federal Reserve expands the money supply. Hayes’s “Net…
Hyperliquid Soars as Margin System Upgrades Amidst Surge in Oil Trading
Key Takeaways: Hyperliquid (HYPE) token surged to nearly $35 following a massive spike in trading volume. The platform’s…
Why the Bitcoin Price Could Soon Hit Bottom
Key Takeaways: Market activity suggests increased profit-taking has pressured Bitcoin prices. Economic theories view Bitcoin bridging traditional and…
Strive to buy Strategy stock, Bitcoin Treasury company starts nesting dolls with each other
Bitcoin hodlers are starting to nested be in each other.
Key Market Intel on March 12th, how much did you miss out on?
1. On-chain Funds: $29.7M inflow to Hyperliquid today; $30.9M outflow from Base
2. Biggest Gainers/Losers: $DRV, $LYN
3. Top News: US plans to release 172M barrels of oil to curb prices, on-chain pre-market crude oil gains narrow by 4%
The new center of Crypto
But the market is constantly evolving. By 2026, companies that can adapt to the new environment will survive, while those that continue to rely on the old script may face the fate of elimination.
Former Coinbase CPO's lengthy article: I have regrets, but I still firmly believe in Crypto
People often fantasize that wealth comes from catching every new wave. Sometimes this is true. But more often, wealth comes from riding a real wave and not blindly paddling away every time the water splashes around.
Hormuz Strait Triggers Oil War, Will the Fed Blink with a Rate Cut in June?
Polymarket data shows that the current market is betting a 64% probability of an interest rate cut in June this year, with the probability rising to 81% for September.
After Law Enforcement in the US and the UK Seized Cryptocurrency, ‘Asset Return’ Never Really Happened
The digital assets that should have been returned to the victims have quietly flowed into government treasuries, strategic reserve funds, and law enforcement agencies' operational budgets.
App