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Arkinvest

All articles tagged with #arkinvest

"Market Anticipates SEC Decision on Pioneering Bitcoin ETFs"

Originally Published 2 years ago — by Decrypt

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Source: Decrypt

Grayscale, VanEck, and ARK have registered their Bitcoin ETFs to trade on various exchanges, with Grayscale aiming for NYSE Arca, VanEck for Cboe, and ARK in partnership with 21Shares also for Cboe. These registrations are a step forward, but the SEC's approval is still pending. The industry is highly anticipative of a potential SEC green light, which would allow U.S. investors to gain Bitcoin exposure through ETFs. Despite a recent Bitcoin price drop due to speculation over SEC rejections, the price has since recovered. The SEC has been in talks with exchanges, possibly preparing for Bitcoin ETF listings.

"Cathie Wood's Soaring Stock Pick Promises Long-Term Wealth"

Originally Published 2 years ago — by The Motley Fool

Featured image for "Cathie Wood's Soaring Stock Pick Promises Long-Term Wealth"
Source: The Motley Fool

Cathie Wood's investment strategy of targeting companies with disruptive innovation potential has led to a 70% gain for her Ark Innovation ETF in 2023. Twilio, a cloud communications company and the ninth largest component of the ETF, has seen its shares rise by 52% since November. With a market expected to grow at a CAGR of 26% through 2028, Twilio's revenue is projected to increase significantly, offering a promising investment opportunity. Despite recent volatility, Wood's long-term investment horizon and a potential favorable market scenario in 2024, including possible interest rate cuts, suggest that Twilio's stock could provide healthy returns over the next five years.