TL;DR Cathie Wood predicts BTC could reach $650,000 by 2030, citing regulatory shifts and institutional adoption as key drivers. Analysts expect further gains, with targets up to $245,000 next year. Bullish as Usual Bitcoin (BTC) has performed impressively in the past week, with its price pumping above $93,000 on November 13. In the following days, […]
Cathie Wood Doubles Down on Massive Bitcoin Price Prediction Read More »
Cathie Wood, founder of ARK Investment Management, has expressed skepticism regarding the Securities and Exchange Commission’s (SEC) stance on approving spot exchange-traded funds (ETFs) following cryptocurrencies beyond Bitcoin and Ethereum. Wood’s sentiment was echoed in her recent remarks on WSJ’s Take On the Week podcast: “We’d be surprised to see anything but Bitcoin and Ether
Cathie Wood Doubts SEC Approval for Crypto ETFs Beyond Bitcoin and Ethereum Read More »
Source: Ark Invest Cathie Wood’s Ark Invest continues its selling spree of shares of the largest US-based crypto exchange, Coinbase, amid the ongoing crypto rally. Ark Invest Daily reported that the fund management firm offloaded $24.2 million worth of Coinbase shares and $3.4 million worth of shares of the Grayscale Bitcoin Trust on Wednesday. A
Cathie Wood’s Ark Invest Continues to Dump Coinbase and GBTC Shares Read More »
Cathie Wood’s Ark Invest Offloads Coinbase and Grayscale Bitcoin Trust, Buys Robinhood Stocks Amidst Crypto Surge Source: Ark Invest / Instagram Cathie Wood-led Ark Invest offloaded 42,613 shares of US-based crypto exchange Coinbase through ARK Next Generation Internet ETF and ARK Fintech Innovation ETF as the price of Bitcoin closed in on $35,000 on Monday.
