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ARK Invest’s Crypto Exposure Tops $2.15B as Bullish Holdings Rise Across 3 Funds

ARK Invest has increased its stake in the cryptocurrency exchange Bullish by 105,000 shares, now totaling approximately 2.27 million shares valued at $114 million. This investment is part of ARK's strategy to boost its digital asset infrastructure, with its overall crypto exposure exceeding $2.15 billion across its three actively-managed ETFs: ARKK, ARKW, and ARKF. The firm's allocations in crypto-related assets represent 29% of ARKF, 25.7% of ARKW, and 17.7% of ARKK. Key holdings include substantial stakes in Coinbase, Robinhood, and the stablecoin issuer Circle. Additionally, ARK has restructured parts of its portfolio by reducing its investments in traditional technology companies like Palantir and Shopify to facilitate this shift towards cryptocurrencies.

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Bitcoin's Seasonality: ‘Uptober’ Disappointed; ‘Moonvember’ Hype Starts Building Up

Recent analysis indicates that November may be Bitcoin's strongest month, with an eye-catching average gain of 42.5% since 2013, although this number is skewed by a remarkable 449% spike in 2013. The median return for November is a more modest 9%, suggesting significant variation in performance across

Bitcoin's Seasonality: ‘Uptober’ Disappointed; ‘Moonvember’ Hype Starts Building Up

Bitcoin's recent performance in October known as 'Uptober' was disappointing, breaking a six-year trend where the month usually ends positively. Analysts observed that October closed down 8.5%. In contrast, November, dubbed 'Moonvember', has seen an average gain of approximately 42.5% since 2013,

Bitcoin's Seasonality: ‘Uptober’ Disappointed; ‘Moonvember’ Hype Starts Building Up

Bitcoin's performance in November has become a subject of discussion among analysts, particularly following a disappointing October. Analyst Lark Davis asserts November is Bitcoin's strongest month, averaging a 42.5% gain, though this figure is skewed by an extraordinary 449% increase in 2013. The median gain

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