SEC bats down ARK’s and 21Shares’ second bitcoin ETF proposal

The Securities and Exchange Commission has rejected a spot bitcoin exchange-traded fund proposed by ARK Investment Management and 21Shares.   The decision marks the second time ARK and 21Shares ...

Cathie Wood’s ARK Stays the Course, Betting Big on Innovation

Cathie Wood’s ARK Investment Management LLC is snapping up more shares of largely unprofitable companies, doubling down on a bet that many traders and investors expect to be tested this year by rising...

Cathie Wood’s ARK Faces Loyalty Test After Tech-Stock Rout

Cathie Wood says the high-risk stocks in the exchange-traded funds sold by ARK Investment Management LLC are so cheap that they will inevitably rise. A surprising number of investors are willing to gi...