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

ARK Invest has significantly increased its investment in cryptocurrency, with total exposure exceeding $2.15 billion across three ETFs: ARKK, ARKW, and ARKF. This includes a recent purchase of 105,000 shares in Bullish, valued at $5.3 million, raising its stake to approximately 2.27 million shares worth about $114 million. This strategic move aligns with ARK's focus on digital asset infrastructure, with notable holdings in major crypto companies such as Coinbase and Robinhood. The firm has made room for its growing crypto investments by reducing its positions in traditional tech stocks like Palantir and Shopify. Crypto-related assets now comprise 29% of ARKF, 25.7% of ARKW, and 17.7% of ARKK. ARK's embrace of cryptocurrencies is indicative of a broader trend in the investment landscape, with significant reallocations noted in their portfolio plans.

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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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