Ark Invest hires Bitcoin pioneer David Pull
Ark Invest firm hired David Puel to bring better analysis on the crypto & Bitcoin market.
Ark Invest is an American investment management firm, which is currently managing around $23.3 billion worth of funds. Right now this firm is holding 8.3 million shares of Grayscale Bitcoin Trust (GBTC). So we can say that the firm is not directly involved in Bitcoin spot investment.
On 18 February, David Pull, who authored The Pull Multiple and Bitcoin’s Market-Value-to-Realized-Value (MVRV) Ratio indicators in the past, announced his next move to join Ark Invest.
Through the tweets, he confirmed that he is going to work at Ark Invest as a crypto and on-chain researcher.
With this next role, he changed his Twitter username from @kenoshaking to @dpuellARK. These things are showing that he is not only bullish on his work but also eager to go with Ark Invest.
Because of this new role position, many crypto proponents appreciated and congratulated, which includes Nic Carter, Anthony Pompliano, Luke Martin, Nathaniel Whittemore, Charles Edwards.
Ark Invest is bullish on Crypto supporter firms
In the present time, firms have no direct exposure to crypto-assets but have their hand in crypto-based stocks and crypto indirectly.
Besides the 8.3 million Grayscale Bitcoin trust Holdings, the firm is also holding huge numbers of shares of crypto-stock exchange Robinhood.
When at the end of January of this year, Robinhood’s HOOD faced sudden correction, Ark invest purchased the 2,447,100 HOODs.
Read also: Kraken CEO believes the Canadian govt may restrict Centralized crypto exchanges
