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Ark Invest Doubles Down On Its Efforts To Offer a Bitcoin Futures ETF

Ark Invest, the asset management firm founded by cryptocurrency enthusiast Cathie Wood,wants to accelerate is crypto strategy and has now officially lent its name to an ETF tracking bitcoin futures. A bitcoin future is not actually the same as a bitcoin token. Whoever holds futures contracts does not actually hold the cryptocurrency but rather rights to a pact between parties to purchase an asset in the future at a price determined in the present. Ark Invest Believes in a...

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Introducing ARK Grants: a Development Incentive Program Backed by 1 Million ARK

Place/Date: - March 24th, 2020 at 7:30 pm UTC · 5 min read Contact: ARK, Source: ARK Replacing the current ‘Tier 0’ Program, ARK Grants will allow their growing community of developers to apply for funding towards ARK based Proofs of Concept, Desktop Wallet plugins and full production-ready applications. To start things off, 1 million ARK has been seeded into the program from the company’s ARK Shield development fund.Applicable Project TypesThe ARK Grants program is now in full effect and...

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Tesla Could Rise to $4000 per Share, Says Ark Investment Management CEO

Ark Investment Management founder and CEO Catherine Wood commented that huge jump in Tesla’s stocks that began yesterday after the company released its earnings is just “the beginning of an eventual rise to $4,000 per share and possibly beyond.”And she might be right, because, even though the earnings were nothing special, they were still better-than-expected and at the stock ended yesterday trading with a rise of 17.67% to $299.68. However, at the time of writing, the stock was in a slight...

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