Tag: Cathie wood
Wood says ARK Innovation fund shouldn’t be ‘huge slice of any portfolio’
Cathie Wood, CEO of Ark Invest, speaks during an interview on CNBC on the floor of the New York Stock Exchange on Feb. 27, 2023.Brendan McDermid | Reu [...]
ARK Bought $17.8M of COIN, $11.2M of HOOD as Market Slumped
ARK Invest often loads up on shares when their prices slide, usually with a view to offloading them one their prices tick up again.
www.coindesk.com [...]
Key U.S. Senate Republican Tim Scott Makes Crypto-Fan Debut
U.S. Sen. Tim Scott (R-S.C.), the top Republican on the Senate Banking Committee who may be in position to be its next chairman, argued at a Bitcoin 2 [...]
Cathie Wood’s Ark Pulls Back From Ethereum (ETH) ETF, Likely Due to Fee War
Seyffart also believes that Ark made the decision based on the low fees. “It’s possible that the partnership made a ton of sense, particularly with th [...]
ARK Invest CEO Cathie Wood Said at Consensus 2024 that Ether ETF Filings Were Approved Because Crypto Is an Election Issue
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Cathie Wood’s ARK Invest Sells Last of Its ProShares Bitcoin Futures ETF (BITO) Shares
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Bitcoin’s (BTC) Rise Thanks to Currency Devaluations: Cathie Wood
"There is something else going on around the world." Wood said. "There are currency devaluations taking place that people are not talking about. The N [...]
Cathie Wood Calls Bitcoin (BTC) a ‘Financial Super Highway,’ Reiterates $1.5M Price Target
Wood, whose Ark Invest recently became one of the issuers of a spot bitcoin exchange-traded fund (ETF), ARKB, said the asset manager is focused on eme [...]
Cathie Wood's ARK Invest Sold Nearly $150M Coinbase Shares Last Week
ARK Invest aims to have no individual holding surpass a 10% weighting of an ETF's value, making such large sell offs necessary when an asset surges in [...]
Cathie Wood Trims Coinbase as Ark Invest Navigates Booming Crypto Market
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Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field [...]
Cathie Wood Says BTC ETFs Mean ‘Substitution’ From Gold Into Bitcoin Will Continue
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ARK Reshuffles Nearly $15.9M From ProShares Futures ETF to Its Own Spot ETF
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Cathie Wood Sees Bitcoin (BTC) Price Reaching $1.5M By 2030 After ETF Approval
The ARK Invest CEO also said a bear case would see the price rise to $258,500 and a base case of $682,800. ARK backed up the previous $1 million price [...]
Cathie Wood’s ARK Invest Sells Another $4.2M of COIN Stock
Coinbase stock's rally in the last 3 months of 2023, which saw the price increase by over 130%, took its weighting in ARK's Innovation ETF (ARKK) abov [...]
Cathie Wood’s Investment Firm Sells $25M of COIN Stock
ARK's ETFs have a target weighting whereby no individual holding exceeds 10% of the fund's total value. Having more than doubled in price in the last [...]