Investment reports

Ark Investment announces $ 20 million stake in Ethereum Trust by CoinQuora

Posted on Author Dorothy C. Adame Comments Off on Ark Investment announces $ 20 million stake in Ethereum Trust by CoinQuora

Ark Investment announces $ 20 million stake in Ethereum Trust

  • Ark Investment has declared that it holds 639,069 shares in ETH Trust de Grascale.
  • Etherium fans viewed the investment as a bullish sign.
  • Ark Investment also holds significant stakes in.

Ark Investment said it held 639,069 shares in Grayscale’s Trust for the first quarter. The shares are worth approximately $ 20.9 million at today’s prices.

DeFi and Ethereum enthusiasts viewed the ETF manager’s major investment as a bullish sign. Bankless author Ryan Sean, for example, tweeted his excitement about the news:

Warning: Fusion media would like to remind you that the data contained in this site is not necessarily real time or accurate. All CFDs (stocks, indices, futures) and Forex prices are not provided by the exchanges but rather by market makers. The prices may therefore not be exact and differ from the actual market price, which means that the prices are indicative and not suitable for trading purposes. Therefore, Fusion Media assumes no responsibility for any business losses that you may incur as a result of the use of such data.

Fusion media or anyone involved with Fusion Media will not accept any responsibility for any loss or damage resulting from reliance on any information, including data, quotes, graphics and buy / sell signals contained in this website. Please be fully informed about the risks and costs associated with trading in the financial markets, it is one of the riskiest forms of investing possible.

Dorothy C. Adame
https://bbbswarren.org

Related Articles

Investment reports

Orascom Investment Announces 10% YoY Drop in Revenue to EGP 730.5 Million in 2020

Posted on Author Dorothy C. Adame

Orascom Investment Holding (OIH) reported revenue of EGP 730.5 million in 2020, up from EGP 811.4 million in 2019, reflecting a 10% year-over-year decline. The cables business, notably the Pakistani operator of submarine fiber optic cables, Pakistan Cables, was the largest contributor to revenue, with 91% in 2020, or -1.3 pps year-on-year) , registering 664.2 […]

Investment reports

Stripe secures additional $ 1 billion investment

Posted on Author Dorothy C. Adame

Stripe has secured an additional $ 1 billion ($ 830 million) investment, media reports say the company recently offered investors the option to buy shares from early backers and past employees and present. The news, which has not been confirmed by the company, comes as Stripe continues to expand beyond the online payments space with […]

Investment reports

New residential investment yields solid figures on mortgage service gains

Posted on Author Dorothy C. Adame

Having had one of the best years in over a decade, mortgage bankers are being treated as suspects by the market. Investors are worried about rising mortgage rates choking the refinancing market and heightened competition among bankers which is squeezing margins. In this environment, a mortgage banker with several complementary professions such as New residential […]