15:19 Cathie Wood's ARK Invest Buys $8.7 Million in Coinbase Stock, Files Third Bitcoin ETF Application Amid SEC Lawsuit
Cathie Wood's ARK loading up on Coinbase shares again, buying $18M ARK Invest purchased 269,928 shares in Coinbase on March 23, only two days after it sold $13.5 million, its first sale of Coinbase shares this year. News Own this piece of history Collect this article as an NFT Cathie Wood’s Investment Management firm Ark Invest has gone back to buying Coinbase shares again, just a […]
Bitcoin is beating Warren Buffett’s 'crypto bet' in 2023 Bitcoin's rebound in 2023 has also seen Coinbase stock gaining over 100% year-to-date, boosting Cathie Wood's ARK portfolio. Market Analysis Own this piece of history Collect this article as an NFT In 2023, Bitcoin (BTC) and Cathie Wood's Coinbase (COIN) investment are finally outperforming Warren Buffett's popular "crypto bet" in Brazil's fintech giant Nubank (NU). […]
Cathie Wood Believes in BTC and Coinbase’s Stock Cathie Wood of Ark Invest believes that by owning Coinbase stock, her new portfolio is enough to knock the Nasdaq into oblivion. She clearly feels Coinbase is going to take the world by storm alongside the likes of bitcoin, Ethereum, and other major forms of crypto. Cathie Wood Thinks BTC and Coinbase Stock Will Shine […]
Ark Invest Expects Bitcoin to Become a Multitrillion-Dollar Market — Predicts BTC Price Could Reach $1.48 Million
Ark Invest CEO sees potential crypto rebound amid whiffs of a Fed pivot The chief executive from crypto and tech investment firm Ark Invest believes crypto assets will see a huge turnaround this year as inflation falls and the Fed pivots. In a company video blog on Jan. 23, Ark Invest CEO and CIO, Cathie Wood, started with a glance at the macroeconomic outlook. She said there was […]
Cathie Wood: Ark dumps 500K GBTC shares, adds Coinbase stock as Bitcoin recovers 40% Cathie Wood's Ark Invest offloaded a chunk of its Grayscale Bitcoin Trust (GBTC) shares since November's Bitcoin (BTC) price lows, the latest data shows. Cathie Wood's Ark short-term cautious on GBTC Ark Invest added 450,272 GBTC shares worth $4.5 million to its ARK Next Generation Internet ETF (ARKW) in November 2022. At the time, GBTC was trading […]
Customers Are Suing Coinbase, Claim the Exchange Had Weak Security Practices A group of investors that filed a class-action lawsuit against popular digital currency exchange Coinbase are now withholding their account information as a means of preventing their case from moving into arbitration territory. They want to see their situation escalate to the American court system and placed before a judge. Could Coinbase Find Itself in […]
'Wall of worry' led to digital wallets, blockchain tech ignored: Cathie Wood ARK Invest CEO Cathie Wood believes that digital wallets and blockchain tech were among “game-changing innovations” that the equity markets largely ignored in 2022. In a Jan. 12 blog post on the ARK Invest website, Wood suggested that the equity market faced a “wall of worry” in 2022, caused by fears of entrenched inflation and […]
Cathie Wood: BTC Will Reach $1 Million in 2030 Cathie Wood – who’s always been the crypto bull of crypto bulls – isn’t giving up on the world’s number one digital currency by market cap. In fact, she’s reiterating her love of the coin and claiming that 2030 will be the year in which BTC reaches the long-awaited $1 million price. Cathie Wood Thinks […]
Cathie Wood’s views on the markets are positive ARK’s Cathie Wood is a well-known crypto personality and has gained media attention since 2022 began. Cathie Wood is a renowned stock picker and the creator of the $60 billion ARK Invest, which invests in cutting-edge technologies like genomics and self-driving cars. Wood founded ARK in 2014 with the intention of packaging active stock portfolios […]
Cathie Wood: FTX Has Done Harsh Damage to the Crypto Space Bitcoin bull and crypto investor Cathie Wood thinks the FTX debacle may have done irreparable damage to the crypto space, and she says the incident will likely make many institutional investors stay away for a long time. Cathie Wood Thinks the Damage Done by FTX Is Severe The FTX fiasco will go down as one […]
Cathie Wood’s Ark Invest accumulating Coinbase and Tesla shares Cathie Wood, CEO of Ark Invest, has purchased 297,000 shares of Coinbase and 75,000 shares of Tesla despite turmoil in the crypto and stock markets. Wood remains bullish on cryptocurrencies, particularly Bitcoin, and electric automobiles. Cathie Wood banking on Tesla and Coinbase According to Bloomberg on Dec. 15, funds managed by Ark Investment Management LLC, […]
SBF 'didn't like' decentralized Bitcoin — ARK Invest CEO Cathie Wood Bitcoin (BTC) is too “decentralized and transparent” for former FTX CEO Sam Bankman-Fried, says Cathie Wood. In a tweet on Dec. 10, Wood, who is CEO of investment giant ARK Invest, delivered a fresh damning appraisal of the FTX saga. Wood: SBF "couldn't control" Bitcoin As the legal ramifications of FTX and Bankman-Fried, also known […]
Bitcoin clings to $17K as ARK flags 'historically significant capitulation' Bitcoin (BTC) and decentralized blockchains are “as strong as ever” in the wake of the FTX meltdown, ARK Invest says. In the latest edition of its monthly newsletter, “The Bitcoin Monthly,” the investment giant came out firmly bullish on BTC. ARK: FTX scandal may be "most damaging event" ever With BTC price volatility ebbing into […]
Cathie Wood's ARK Invest adds more Bitcoin exposure as GBTC, Coinbase stock hit new lows Bitcoin (BTC) firms’ shares are a major “buy” for asset manager ARK Invest in the midst of the FTX meltdown. The latest data confirms that ARK continues to up its holdings of both exchange Coinbase (COIN) and the Grayscale Bitcoin Trust (GBTC). Cathie Wood buys the dip With FTX contagion still rippling through the crypto […]
Cathie Wood Hesitates to Invest in the Pro Shares ETF Cathie Wood – the founder and CEO of Ark Invest – is acknowledging that the new bitcoin-based exchange-traded fund (ETF) is a step in the right direction. However, she’s not jumping in headfirst. Rather, she’s choosing to take her time and observe things for a little while so that she can better understand how the […]
ARK Invest CEO: Bitcoin In “Capitulation Phase,” Still Set For $500k Bitcoin is still up in price despite the recent dips and the predictions have not slowed down. If anything, they have become even more prominent. Famed CEO of ARK Invest Cathie Wood has always been bullish on Bitcoin. The CEO earlier in the year had given what some would call an optimistic prediction for the […]
Elon Musk Reveals Spacex Owns Bitcoin, He Personally Owns BTC, Ethereum, Dogecoin — ‘I Might Pump but I Don’t Dump’ Spacex and Tesla CEO Elon Musk has revealed that he personally owns bitcoin, ethereum, and dogecoin. Meanwhile, his companies, Spacex and Tesla, own bitcoin. He also said that bitcoin’s energy usage “is shifting a lot more toward renewables,” and Tesla will likely resume accepting the cryptocurrency after he does more due diligence. Elon’s Cryptocurrencies: Bitcoin, […]
Ark Invest Seeks Approval on New BTC ETF Application Cathie Wood of Ark Invest fame has filed an application with the Securities and Exchange Commission (SEC) for a bitcoin-based exchange-traded fund (ETF) through her business. Another Bitcoin ETF Is Headed to the SEC Per official paperwork, the point of the ETF would be to track the price of bitcoin. It would also trade under […]
Cathie Wood Bought the Dip: Ark Invest Purchases One Million GBTC Shares Cathie Wood, the founder of Ark Invest, bought the dip this Tuesday when Bitcoin prices tumbled below $30K. According to reports, Ark acquired more than one million shares of the Grayscale Bitcoin Fund. The company also bought more Coinbase shares. Wood has a positive stance on crypto and keeps predicting Bitcoin will reach a long-term […]
