Cathie Wood is one of Bitcoin's biggest supporters. What's interesting is that the investor's financial company mistakenly owns Bitcoin Puppet.
Arkham's latest update reveals an interesting development in which an investment management company was inadvertently in possession of $15,000 worth of Bitcoin puppets. The Bitcoin puppet in question had infiltrated custodial wallets associated with the ARKB ETF, sparking curiosity about its origins.
- history of puppets trace of backk to January 4, recorded by bc1psg and then transferred through two associated Ordinals wallets.
- On February 5th, Quantum Cat was minted by wallet bc1pcw who accidentally used the SATOSHI inscribed on the puppet as payment.
- Puppet then passed through several wallets associated with Wintermute, Coinbase, and Flow Traders before finally reaching ARK Invest's custodial wallet.
- Additionally, ARK has received multiple Ordinals airdrops from the Puppet community.
- Over the past year, Bitcoin Ordinal has skyrocketed in popularity in the digital collectibles space, even attracting the interest of financial giant Franklin Templeton.The recent company commented Ordinals is driving a “renaissance” of Bitcoin activity.
- Bitcoin Puppets are starting to assert their dominance in the NFT arena, along with other notable collections such as NodeMonkes, Runestone, Ordinal Maxi Biz, and Bitmap.
- This trend reflects a growing recognition of Bitcoin's versatility beyond its traditional function as a digital currency.
- Despite the uproar, major cryptocurrency exchange Binance announced plans to scale down its Bitcoin NFT marketplace less than a year after its launch.
- The group said the decision is part of its “ongoing efforts to streamline product offerings on the Binance NFT Marketplace.”
