[ad_1]
ARK Invest, a hedge fund focused on innovative developments, purchased Bitcoin worth $ 19,872,939, according to a U.S. Securities and Exchanges Commission (SEC) file.
To be informed instantly about the last minute developments, Twitter and Telegram You can follow on our channel.
According to Ark Invest’s Chief Compliance Officer, Kellen Carter, ARK Cryptocurrency US Fund LLC requires a minimum investment of $ 1 million and close to $ 20 million has been raised from 12 investors.
Cathie Wood, CEO of Ark Investment, thinks Bitcoin will likely rise after a drop of up to 50%. It has been noted that such drops are not uncommon and can be healthy for reaching a state of mania during bull running.
[ad_2]
Hello there! My name is Oktay from Tokensboss editors. I introduce myself as a business graduate and writer. I have been doing research on cryptocurrencies and new business lines for over 2 years.