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Cathie Wood

ARK Investment shifts $16m from ProShares to own Bitcoin ETF

by Isaac Wright
ARK Investment shifts m from ProShares to own Bitcoin ETF

ARK Investment Management, led by Cathie Wood, divested from the ProShares Bitcoin ETF, reallocating approximately $16 million towards its own Bitcoin ETF.  This move involved the sale of ProShares Bitcoin …

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SEC says it did not yet approve bitcoin ETF, X account was compromised

by Walter Watson
SEC says it did not yet approve bitcoin ETF, X account was compromised

Omar Marques | Lightrocket | Getty Images The U.S. Securities and Exchange Commission said Tuesday afternoon that an announcement about bitcoin exchange-traded funds on social media was incorrect. “The SEC’s …

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ARK Invest Pivots To Bitcoin As Cathie Wood Expects BTC Price To Explode

by Isaac Wright
ARK Invest Pivots To Bitcoin As Cathie Wood Expects BTC Price To Explode

CEO of ARK Invest, Cathie Wood has shared her perspective on the approval timeline for Spot Bitcoin ETFs. She has also highlighted the significant impact the official authorization of Bitcoin …

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Cathie Wood’s ARK ETF Overhauls Bitcoin Portfolio: ProShares In, Grayscale Out

by Isaac Wright
Cathie Wood’s ARK ETF Overhauls Bitcoin Portfolio: ProShares In, Grayscale Out

In a significant shake-up of its Bitcoin (BTC)-related holdings, Cathie Wood’s ARK Next Generation Internet exchange-traded fund (ETF) has made strategic changes as BTC ends the year with a significant …

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ARK sells Coinbase, Robinhood shares amid impressive stock growth

by Isaac Wright
ARK sells Coinbase, Robinhood shares amid impressive stock growth

In response to the recent surge in Coinbase and Robinhood stock prices, Cathie Wood’s ARK has strategically sold shares to rebalance its portfolios. Cathie Wood’s ARK continued its selling trend …

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SEC in hot seat for Ark Investment BTC ETF final deadline

by Isaac Wright
SEC in hot seat for Ark Investment BTC ETF final deadline

The U.S. Securities and Exchange Commission must either greenlight or turn down Ark Investment’s spot bitcoin (BTC) ETF application by Jan. 10, 2024. The Florida-based asset management firm reportedly has …

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spot Bitcoin ETF seen as ultimate endorsement for institutional investors

by Isaac Wright
spot Bitcoin ETF seen as ultimate endorsement for institutional investors

Cathie Wood believes the SEC’s decision on spot Bitcoin ETFs may significantly impact institutional crypto adoption. Wood views this imminent approval as a pivotal moment, suggesting that such approval could …

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Why Ark Invest’s Cathie Wood Picks Bitcoin Over Cash And Gold

by Isaac Wright
Why Ark Invest’s Cathie Wood Picks Bitcoin Over Cash And Gold

Ark Invest CEO Cathie Wood was a guest on Merryn Somerset Webb’s show ‘Merryn Talks Money’, where she discussed the macro environment and the recent happenings in the financial world. …

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“Bitcoin is the only asset to store for the next 10 years”

by Isaac Wright
“Bitcoin is the only asset to store for the next 10 years”

Cathie Wood of ARK Investment Management champions Bitcoin over gold and cash as a long-term hedge against deflation, in light of technological advancements. In a recent podcast with Bloomberg’s Merryn …

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Long-Term Bitcoin Metrics Reversing – ‘Explosive Phase’ Seen

by Isaac Wright
Long-Term Bitcoin Metrics Reversing – ‘Explosive Phase’ Seen

Bitcoin (BTC) is currently experiencing a notable surge in its value, effectively propelling the entire cryptocurrency market upwards. The recent upswing has drawn the attention of various experts in the …

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