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Ahead of the Bitcoin (BTC) halving, Cathie Wood's ARK Invest engaged in a series of transactions reflecting the hedge fund's bullish stance on the cryptocurrency's trajectory.
Cathie Wood spoke on several key topics shaping the future of the blockchain and crypto industries. Word to the wise, she says: Look at what Hong Kong is doing.
According to ARK Invest CEO Cathie Wood, Bitcoin's remarkable 130% rally in the past year can be derived from the global devaluation of national currencies.
On March 28, The ARK 21Shares Bitcoin ETF witnessed an unprecedented $243.5 million in investments, marking a significant uptick over five times its usual daily intake, as Bitcoin neared the $72,000 threshold. According to early insights from Farside Investors, the…
Cathie Wood addressed the Bitcoin Investor Day conference in New York on Friday and shared her thoughts on how Bitcoin's price could soar.
Cathie Wood’s ARK Invest has offloaded more than $97 million in Coinbase (COIN) shares in February alone, according to trading history. Despite Coinbase‘s impressive Q4 earnings report, which revealed a revenue of $953.8 million, surpassing analysts’ projections, ARK Invest appears…
Cathie Wood, CEO and CIO of Ark Invest, recently expressed her views on the likelihood of the U.S. Securities and Exchange Commission (SEC) approving exchange-traded funds (ETFs) for cryptocurrencies beyond Bitcoin and Ethereum. During an appearance on the Wall Street…
Cathie Wood, ARK Invest CEO, has been vocal about her belief in Bitcoin's potential to overshadow gold as the preferred safe-haven asset.
ARK Investment Management, led by Cathie Wood, divested from the ProShares Bitcoin ETF, reallocating approximately $16 million towards its own Bitcoin ETF.
ARK Invest CEO Cathie Wood has a “base case” for $BTC going to $600k by 2030, but a “bull case of $1.5m by 2030”.
Ark Investment Management CEO Cathie Wood says Gary Gensler ‘denigrated the whole crypto space’ with his latest statement. Speaking in an interview with Bloomberg on Jan. 11, Ark Investment Management founder and CEO Cathie Wood criticized the head of the…
Cathie Wood’s investment form Ark Invest has again sold shares of the Coinbase crypto exchange. According to the latest data, the deal took place on Jan. 4. Ark Invest sold another 26,743 shares of Coinbase Global Inc. for $4.1 million.…
Cathie Wood’s investment fund Ark Invest has sold all its remaining assets of the Grayscale Bitcoin Trust (GBTC). Bloomberg analyst Eric Balchunas reported that half of the proceeds from the GBTC sale, amounting to a significant $100 million, were used…
Cathie Wood thinks U.S. Securities and Exchange Commission (SEC) is likely to approve spot Bitcoin (BTC) ETFs in January, 2024. Ark Invest CEO Cathie Wood believes SEC will approve spot Bitcoin ETFs by Jan. 10, 2024. She believes that this…
ARK sells Coinbase, Robinhood shares amid impressive stock growth.
Cathie Wood’s ARK Invest bought 347,692 shares of Block for $25.7 million while offloading 809,441 GBTC shares worth about $27.95 million. On Dec. 18, ARK Invest, led by Cathie Wood, bought $25.7 million in Block Inc (SQ) stock after the…