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ARK Investment buys Coinbase shares worth $8.6M

Ark Invest Management has acquired over 157,000 Coinbase (COIN) shares for $8.6 million its second buy order after selling in March. The investment fund’s… ....

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Grayscale Sues Over SEC's Denial For Bitcoin Fund Conversion

Grayscale Investments followed through on its promise to sue the U.S. Securities and Exchange Commission if regulators denied its bids to convert the $13 billion Grayscale Bitcoin Trust into an ETF or allow it to launch a standalone fund to hold bitcoin directly. ....

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