ARKW

ARK Next Generation Internet ETF

Ethereum’s price continued to trade below $3,000 on Wednesday night, pressuring ETH-linked equities like BMNR.

Lee said Ethereum’s valuation metrics, like assets locked on-chain and long-term ratios to Bitcoin, indicate it may be nearing a bottom.

Stocktwits sentiment flipped bearish, with users warning of pressure toward the mid-$380s and a possible drop near $350.

Circle’s stock fell more than 12% in the previous session, despite reporting quarterly results that exceeded analyst estimates.

Morgan Stanley analyst Keith Weiss noted that strong demand for GPU capacity against limited supply creates opportunities.

The company said that the initiative was, in part, driven by the accelerating adoption of AI by federal agencies for training and inference.

Cathie Wood's ARK ETFs, ARKK and ARKW, roar back with record single-day inflows, flipping 2025 flows from deep red to billions in the black.

Bullish stock began trading shortly after noon on Wednesday at $90 per share, more than double its IPO price of $37

The Nvidia-backed company intends to use the proceeds for general corporate purposes, including the repayment of outstanding debt and covering fees and expenses related to the offering.