Cathie Wood-led Ark Invest Bets Big On Prediction Markets, Snaps Up Kalshi Shares Across 3 Funds, Dumps Brera Holdings
Cathie Wood's Ark Invest buys 126K Kalshi shares across ARKK, ARKW and ARKF, while dumping 309K shares of Brera Holdings.
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Ark Invest CEO Cathie Wood pointed to short-term market inefficiency around Circle Internet Group Inc. on Sunday, August 23, despite the stock gaining significantly since its IPO.
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Cathie Wood's Ark Invest buys 126K Kalshi shares across ARKK, ARKW and ARKF, while dumping 309K shares of Brera Holdings.
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Circle Binance Deal adds a five-year USDC partnership, monthly incentive fees and a $100 million equity investment.