---
title: "Cathie Wood’s ARK Invest Accidentally Owns $15,000 Bitcoin Puppet"
url: https://diffcoin.com/cathie-woods-ark-invest-accidentally-owns-15000-bitcoin-puppet/
description: "Arkham revealed that Cathie Wood's ARK Invest \"accidentally\" owns a Bitcoin Puppet worth $15,000."
published: 2024-04-07
updated: 2024-04-07
author: "Mila"
site: "Diffcoin"
---

# Cathie Wood’s ARK Invest Accidentally Owns $15,000 Bitcoin Puppet

Cathie Wood has been one of the biggest proponents of Bitcoin. Interestingly, the investor’s financial company accidentally owns a Bitcoin Puppet.

Arkham’s latest update revealed a fascinating twist involving the investment management firm’s inadvertent ownership of a Bitcoin Puppet valued at $15,000. The Bitcoin Puppet in question found its way into a custody wallet associated with their ARKB ETF, sparking curiosity about its origins.

- The Puppet’s history[traces bac](https://twitter.com/ArkhamIntel/status/1775552022408036415)k to January 4th, when it was inscribed by bc1psg and subsequently transferred through two related Ordinals wallets.
- On February 5th, a Quantum Cat was minted by wallet bc1pcw, inadvertently using the Puppet’s inscribed satoshis as payment.
- The Puppet then passed through several wallets associated with Wintermute, Coinbase, and Flow Traders before ending up in ARK Invest’s custody wallet.
- Additionally, ARK has received multiple Ordinals airdrops from the Puppet community.
- In the past year, Bitcoin Ordinals have surged in popularity within the digital collectible space, even capturing the interest of financial powerhouse Franklin Templeton. The company recently [commented](https://twitter.com/FTI_DA/status/1775552645689749905) that Ordinals are catalyzing a ‘Renaissance’ in Bitcoin activity.
- Bitcoin Puppets, along with other notable collections like NodeMonkes, Runestone, Ordinal Maxi Biz, and Bitmap, have also started to assert their dominance in the NFT arena.
- This trend reflected a growing recognition of Bitcoin’s versatility beyond its conventional function as a digital currency.
- Despite this uproar, crypto exchange giant Binance announced plans to wind down its Bitcoin NFT marketplace, which was launched less than a year ago.
- The co,pamy said that the decision was part of “ongoing efforts to streamline product offerings on the Binance NFT Marketplace.”

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[Source link](https://cryptopotato.com/cathie-woods-ark-invest-accidentally-owns-15000-bitcoin-puppet/)