On November 13th, CoinDesk reported that ARK Invest's Internet ETF (ARKW) sold 201,047 shares of GBTC stock last Friday, worth approximately $6.03 million.As of now, GBTC is still ARKW's largest holding, with a weight of 9.97% and a value of approximately $132 million.

ARK Invest has significantly increased its holdings in Robinhood (HOOD) stock. Just the day before, the trading platform announced plans to expand in Europe. ARKK, ARKW, and ARKF purchased a total of 1,141,046 shares of HOOD. Based on Wednesday's closing price of $8.36, the total value of the transaction was $9.54 million. (CoinDesk) Yesterday, Robinhood stated in its Q3 earnings report that "with an experienced team, we will soon be launching brokerage operations in the UK. As another step in global expansion, we also plan to launch cryptocurrency trading in the UK and then in the EU." After the SEC's lawsuit against Binance this year, Robinhood removed all crypto assets deemed securities by the SEC. According to financial report data, the platform's Q3 revenue related to cryptocurrency decreased by 55% compared to the same period last year, recording $23 million.

Ark Invest, the second-largest holder of Grayscale Trust (GBTC) shares, has sold off $3.8 million worth of GBTC shares and bought $5.6 million in Block shares. This is the second time Ark Invest has sold Grayscale shares in recent weeks, after offloading almost $5.8 million in Coinbase and GBTC shares on October 24. Block is a Bitcoin-focused payments company founded by ex-Twitter CEO Jack Dorsey, and last week reported better-than-expected Q3 earnings. Ark Invest is among the high-profile investment firms awaiting approval from the Securities and Exchange Commission for a spot Bitcoin exchange-traded fund (ETF).

According to data, ARK Invest's Ark Fintech Innovation ETF has accumulated 149,547 shares of Coinbase (COIN) since November 1, with a current value of approximately $12.83 million. As of Friday's close, COIN was trading at $85.80.

Data shows that ARK Invest's Ark Fintech Innovation ETF sold 76,141 shares of Coinbase (COIN) last week, valued at approximately $5.39 million at current prices. As of Friday's close, COIN was trading at $70.78.

Eric Balchunas, an ETF analyst at Bloomberg, wrote that ARK has just submitted the 4th revised version of its 19b-4 file for its spot ETF, apparently to include changes made to its S-1 (aimed at responding to feedback from the SEC). The analyst said that the purpose of this document is only to keep the two documents consistent (the first issuer to do so), without any other substantive content.

October 24th, Cathie Wood's Ark Invest sold shares of Coinbase Global Inc and purchased shares of Robinhood. It is reported that Ark Invest sold a total of 42,613 shares of Coinbase through the ARK Next Generation Internet ETF and Ark Fintech Innovation ETF, with a transaction value of approximately $3.3 million. In addition, Ark Invest also sold 100,739 shares of Grayscale Bitcoin Trust, with a transaction value of approximately $2.5 million.

Eric Balchunas, a senior ETF analyst at Bloomberg, stated on social media that ARK had just submitted an updated prospectus for its Bitcoin spot ETF. A few weeks ago, the SEC sent an email to the issuer with comments and questions about the S-1 form. It is likely that ARK has responded to these issues in this submission. Balchunas specifically pointed out some changes in the new prospectus, such as the NAV calculation not complying with GAAP accounting principles, and the description of how assets are stored independently in "wallets" without being mixed with other client assets. Balchunas believes that this means that ARK has responded to all of the SEC's comments and has once again handed decision-making power back to the SEC. He stated that while approval may not come immediately, this "back-and-forth communication" with the SEC is a very positive signal.

Bitcoin Magazine reported that after the SEC sent questions regarding their application to the applicant via email a few weeks ago, Cathie Wood's company, ARK Invest, submitted an updated version of their spot Bitcoin ETF.

Bloomberg analyst James Seyffart commented on social media regarding the "ARK 21Shares Ethereum ETF" jointly submitted by ARK Invest and 21Shares, as well as the "VanEck Ethereum Spot ETF" submitted by Cboe BZX, stating that "the Ethereum ETF race has officially begun. It is still too early to tell, but I estimate that the Securities and Exchange Commission (SEC) will have a final deadline for reviewing these applications on May 23, 2024. It is worth noting that we have not seen VanEck's spot Ethereum ETF S-1 document before, because they submitted this application as early as 2021."