ARK Reduces Holdings in BLSH, NVDA, COIN as Cathie Wood Adjusts Portfolio
ARK Investment's Stock Sales: Cathie Wood's ARK Investment sold 37,876 shares of Bullish (BLSH) as the stock fell over 5% to $34.43, reflecting ongoing bearish sentiment in the market.
Bitcoin Market Trends: Bitcoin hovered near $66,000 amid extremely bearish retail sentiment, with Citigroup lowering its BTC price forecast from $143,000 to $112,000, indicating a drop in market confidence.
ARK's Portfolio Adjustments: ARK trimmed positions in Block, Nvidia, and Coinbase, while maintaining a buy rating on Block despite the stock's decline, suggesting a strategic reorganization of its portfolio.
Institutional Investment Dynamics: Approximately 70% of Block's shares are currently owned by institutional investors, highlighting strong institutional interest despite conflicting signals in the market regarding bullish and bearish sentiments.
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ARK Invest Sells Bullish Shares Amid Market Weakness
- ARK's Share Reduction: Cathie Wood's ARK Invest sold 37,876 shares of Bullish (BLSH) on Friday, causing the stock to drop over 5% to $34.43, reflecting ongoing weakness in crypto-linked equities.
- Bearish Bitcoin Sentiment: Despite Bitcoin's price rising over 1% to $66,934 in the last 24 hours, retail sentiment remains in 'extremely bearish' territory, with Citi lowering its BTC forecast from $143,000 to $112,000, indicating a lack of market confidence.
- Selling Pressure on Block: ARK reduced its stake in Block Inc. on Thursday, and while TD Cowen maintained a $95 price target, suggesting long-term optimism, the short-term selling pressure remains significant.
- Institutional Accumulation: Despite ARK's selling, over 70% of Block's shares are held by institutional investors, with SG Americas acquiring an additional 279,000 shares in Q4, demonstrating ongoing institutional interest and confidence in the company.
ARK Reduces Holdings in BLSH, NVDA, COIN as Cathie Wood Adjusts Portfolio
ARK Investment's Stock Sales: Cathie Wood's ARK Investment sold 37,876 shares of Bullish (BLSH) as the stock fell over 5% to $34.43, reflecting ongoing bearish sentiment in the market.
Bitcoin Market Trends: Bitcoin hovered near $66,000 amid extremely bearish retail sentiment, with Citigroup lowering its BTC price forecast from $143,000 to $112,000, indicating a drop in market confidence.
ARK's Portfolio Adjustments: ARK trimmed positions in Block, Nvidia, and Coinbase, while maintaining a buy rating on Block despite the stock's decline, suggesting a strategic reorganization of its portfolio.
Institutional Investment Dynamics: Approximately 70% of Block's shares are currently owned by institutional investors, highlighting strong institutional interest despite conflicting signals in the market regarding bullish and bearish sentiments.
MicroStrategy Accelerates Bitcoin Purchases Amid Market Decline
- Accelerated Bitcoin Purchases: MicroStrategy has purchased approximately 45,000 BTC in the last 30 days, marking its highest acquisition since April 2025, demonstrating the company's unwavering investment confidence amid declining prices, which may support future Bitcoin demand and pricing.
- Market Share Shift: Currently, MicroStrategy holds 65% of the Bitcoin owned by public companies, while other firms account for only 2%, indicating MicroStrategy's dominant position in corporate Bitcoin investment, despite a significant overall market demand decline.
- Funding Risk Warning: While Saylor emphasizes the liquidity and decentralization of the Bitcoin market, MicroStrategy's leveraged funding strategy creates a concentration of demand, where any disruption in funding could negatively impact Bitcoin prices and the company's stock, reflecting the fragility of its investment approach.
- Impact of ETFs and Retail Investors: Despite MicroStrategy's dominance in Bitcoin holdings, Bitcoin ETFs and retail investors remain major sources of demand, with ETFs attracting $56 billion in inflows since their 2024 listings, indicating ongoing market interest in Bitcoin.
US Pre-market Stock Update: Cryptocurrency Stocks Mostly Decline, BMNR Falls More Than 4%
Market Decline: U.S. pre-market cryptocurrency-related stocks experienced a decline across the board, indicating a negative trend in the market.
Notable Stock Drops: Significant drops were observed in various stocks, including Bitmine (down 4.05%), Sharplink Gaming (down 3.98%), and Circle (down 3.04%).
Additional Stock Performance: Other stocks such as Bullish (down 2.97%), Riot Platforms (down 2.90%), and Mara Holdings (down 2.78%) also reported losses.
MicroStrategy's Decline: MicroStrategy saw a decrease of 2.11%, contributing to the overall downturn in cryptocurrency-related stocks.
Bullish Reports Surge in Bitcoin and Ethereum Volatility
- Bitcoin Volatility Surge: Bullish reported that the average monthly volatility for Bitcoin nearly doubled to 61% in February from 33% in January, indicating increased market uncertainty that could impact investor confidence.
- Ethereum Volatility Spike: Ethereum's volatility also surged to 82% from 46% in February, suggesting that such drastic fluctuations may lead to adjustments in trading strategies, affecting market liquidity and investment decisions.
- Significant Trading Volume Increase: The trading volume on Bullish jumped to $84.1 billion in February from $52.2 billion in January, reflecting heightened market activity that may attract more investors to participate.
- Widening Trading Spread: The average trading spread increased from 1.67 bps to 2.16 bps, indicating that market liquidity may be affected by rising volatility, with higher trading costs potentially deterring some investors from trading.
Bullish Releases February 2026 Trading Metrics
- Trading Volume Overview: In February 2026, Bullish reported a Bitcoin trading volume of $3.46 billion, reflecting a decrease from January but still indicating robust market activity, showcasing ongoing institutional interest in digital assets.
- Average Trading Spread: The average trading spread for Bitcoin was 2.14 basis points, indicating stable trading costs, which is crucial for attracting more traders and enhancing platform liquidity.
- Volatility Analysis: The monthly average volatility for Bitcoin stood at 48%, showing a decline compared to previous months but remaining above market expectations, indicating fluctuations in market sentiment and investors' risk tolerance.
- Platform Development Strategy: Bullish, as an institutionally focused digital asset platform, continues to release monthly metrics to enhance transparency and attract more institutional investors, thereby driving growth in its market share.
ARK Invest Sells Bullish Shares Amid Market Weakness
- ARK's Share Reduction: Cathie Wood's ARK Invest sold 37,876 shares of Bullish (BLSH) on Friday, causing the stock to drop over 5% to $34.43, reflecting ongoing weakness in crypto-linked equities.
- Bearish Bitcoin Sentiment: Despite Bitcoin's price rising over 1% to $66,934 in the last 24 hours, retail sentiment remains in 'extremely bearish' territory, with Citi lowering its BTC forecast from $143,000 to $112,000, indicating a lack of market confidence.
- Selling Pressure on Block: ARK reduced its stake in Block Inc. on Thursday, and while TD Cowen maintained a $95 price target, suggesting long-term optimism, the short-term selling pressure remains significant.
- Institutional Accumulation: Despite ARK's selling, over 70% of Block's shares are held by institutional investors, with SG Americas acquiring an additional 279,000 shares in Q4, demonstrating ongoing institutional interest and confidence in the company.
ARK Reduces Holdings in BLSH, NVDA, COIN as Cathie Wood Adjusts Portfolio
ARK Investment's Stock Sales: Cathie Wood's ARK Investment sold 37,876 shares of Bullish (BLSH) as the stock fell over 5% to $34.43, reflecting ongoing bearish sentiment in the market.
Bitcoin Market Trends: Bitcoin hovered near $66,000 amid extremely bearish retail sentiment, with Citigroup lowering its BTC price forecast from $143,000 to $112,000, indicating a drop in market confidence.
ARK's Portfolio Adjustments: ARK trimmed positions in Block, Nvidia, and Coinbase, while maintaining a buy rating on Block despite the stock's decline, suggesting a strategic reorganization of its portfolio.
Institutional Investment Dynamics: Approximately 70% of Block's shares are currently owned by institutional investors, highlighting strong institutional interest despite conflicting signals in the market regarding bullish and bearish sentiments.
MicroStrategy Accelerates Bitcoin Purchases Amid Market Decline
- Accelerated Bitcoin Purchases: MicroStrategy has purchased approximately 45,000 BTC in the last 30 days, marking its highest acquisition since April 2025, demonstrating the company's unwavering investment confidence amid declining prices, which may support future Bitcoin demand and pricing.
- Market Share Shift: Currently, MicroStrategy holds 65% of the Bitcoin owned by public companies, while other firms account for only 2%, indicating MicroStrategy's dominant position in corporate Bitcoin investment, despite a significant overall market demand decline.
- Funding Risk Warning: While Saylor emphasizes the liquidity and decentralization of the Bitcoin market, MicroStrategy's leveraged funding strategy creates a concentration of demand, where any disruption in funding could negatively impact Bitcoin prices and the company's stock, reflecting the fragility of its investment approach.
- Impact of ETFs and Retail Investors: Despite MicroStrategy's dominance in Bitcoin holdings, Bitcoin ETFs and retail investors remain major sources of demand, with ETFs attracting $56 billion in inflows since their 2024 listings, indicating ongoing market interest in Bitcoin.
US Pre-market Stock Update: Cryptocurrency Stocks Mostly Decline, BMNR Falls More Than 4%
Market Decline: U.S. pre-market cryptocurrency-related stocks experienced a decline across the board, indicating a negative trend in the market.
Notable Stock Drops: Significant drops were observed in various stocks, including Bitmine (down 4.05%), Sharplink Gaming (down 3.98%), and Circle (down 3.04%).
Additional Stock Performance: Other stocks such as Bullish (down 2.97%), Riot Platforms (down 2.90%), and Mara Holdings (down 2.78%) also reported losses.
MicroStrategy's Decline: MicroStrategy saw a decrease of 2.11%, contributing to the overall downturn in cryptocurrency-related stocks.
Bullish Reports Surge in Bitcoin and Ethereum Volatility
- Bitcoin Volatility Surge: Bullish reported that the average monthly volatility for Bitcoin nearly doubled to 61% in February from 33% in January, indicating increased market uncertainty that could impact investor confidence.
- Ethereum Volatility Spike: Ethereum's volatility also surged to 82% from 46% in February, suggesting that such drastic fluctuations may lead to adjustments in trading strategies, affecting market liquidity and investment decisions.
- Significant Trading Volume Increase: The trading volume on Bullish jumped to $84.1 billion in February from $52.2 billion in January, reflecting heightened market activity that may attract more investors to participate.
- Widening Trading Spread: The average trading spread increased from 1.67 bps to 2.16 bps, indicating that market liquidity may be affected by rising volatility, with higher trading costs potentially deterring some investors from trading.
Bullish Releases February 2026 Trading Metrics
- Trading Volume Overview: In February 2026, Bullish reported a Bitcoin trading volume of $3.46 billion, reflecting a decrease from January but still indicating robust market activity, showcasing ongoing institutional interest in digital assets.
- Average Trading Spread: The average trading spread for Bitcoin was 2.14 basis points, indicating stable trading costs, which is crucial for attracting more traders and enhancing platform liquidity.
- Volatility Analysis: The monthly average volatility for Bitcoin stood at 48%, showing a decline compared to previous months but remaining above market expectations, indicating fluctuations in market sentiment and investors' risk tolerance.
- Platform Development Strategy: Bullish, as an institutionally focused digital asset platform, continues to release monthly metrics to enhance transparency and attract more institutional investors, thereby driving growth in its market share.
