ARK just abandoned Coinbase for Bullish. Translation: whoever can prove they're actually settling institutional crypto orders without blowing up owns the next $100B of capital. Verification infrastructure beats exchange polish.

🚨JUST IN: ARK INVEST SELLS COINBASE STOCK FOR BULLISH AS $BTC BRIEFLY TOUCHES $60K ARK Invest sold 119,236 @Coinbase shares ($17.4M) and bought 716,030 @Bullish shares ($17.8M), according to trade disclosures. Coinbase dropped 13.3% to $146.12 while Bullish fell 8.5% to $24.90.

🚨 Cathie Wood's Ark Invest sells Coinbase shares for $17M 🚨 Strategic move in the middle of the crypto storm. They acquire nearly the same amount in Bullish shares. Coinbase drops 13.3% and falls 41.7% in the month. Bitcoin drops to $60,000 before recovering. An unusual change in Ark's strategy. Is this a sign of confidence in Coinbase? Volatility continues.

ARK shifts gears amid crypto turbulence: cut $17M in Coinbase, boosted Bullish exposure by $18M. COIN drops 13.3%, mirroring Bitcoin’s dip to $60K — lowest since Nov '24. Is this a smart hedge or a sign of more volatility ahead? #CryptoTrading #ARKInvesting @BitletAI

1 | First spot Uniswap ETF application submitted to SEC Bitwise Asset Management has submitted an application to the U.S. Securities and Exchange Commission (SEC) for a spot Uniswap ETF. This is interpreted as a significant step toward a regulated exchange-traded investment product directly tied to the UNI token.

@coinbureau Filing’s live on EDGAR: it’s a grantor-trust spot UNI product using the CME CF Uniswap-$ NY reference rate, with Coinbase Custody as custodian and 10,000-share creation baskets. Big question now is whether/when a 19b-4 comes next.

📰 Bitwise Applies for First Uniswap-Themed ETF Bitwise has filed an S-1 document with the U.S. Securities and Exchange Commission to launch the Bitwise Uniswap ETF, which will directly track the price performance of UNI (excluding fees). The filing indicates that if approved, the ETF will use Coinbase Custody as the custodian and will not include staking initially. #Bitwise #Uniswap #UNI #ETFs #CryptoNews #Web3

As stated above… If you're looking for answers on wLUNA specifically, Coinbase is the place to direct those questions, they suspended trading on it back in 2022 and handle custody and trading for that token. We're focused on building forward as a permissionless, community-led network. Accusations aimed at us simply don't align with the current reality. Take care.

Crypto Market News — 02/04 Check out the main news from fundraising to hacking all in one place! ▶ TRM Labs (@TRMLabs) raises $70 million ▶ Coinbase (@Coinbase) launches a prediction market platform ▶ U.S. Treasury investigates Iranian sanctions evasion by crypto exchanges #Crypto #PredictionMarkets #Bitcoin #Web3 #Regulation