Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Canadian EFTs
Ark Investment Looks to Explore Cryptocurrencies More By Investing in Canadian EFTs
Cathie Wood's Ark Investment Management grants one of its funds permission to invest in Canadian Bitcoin EFTs. The platform is looking for new ways to invest in digital assets. Wood, a bitcoin supporter, has been buying up proxies for the digital asset in names such as Grayscale Bitcoin Trust and Coinbase. However, she is now focusing on owning the actual asset. More Opportunities for Ark Investment According to the SEC filing, Ark Investment will launch funds that offer investment in…
4 years ago