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Cathie Wood Doubts SEC Approval for Crypto ETFs Beyond Bitcoin and Ethereum

Cathie Wood Doubts SEC Approval for Crypto ETFs Beyond Bitcoin and Ethereum

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 […]

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Cathie Wood’s Ark Invest Continues to Dump Coinbase and GBTC Shares

Cathie Wood’s Ark Invest Continues to Dump Coinbase and GBTC Shares

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

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Cathie Wood’s Ark Invest Offloads Coinbase and Grayscale Bitcoin Trust, Buys Robinhood Stocks Amidst Crypto Surge

Cathie Wood’s Ark Invest Offloads Coinbase and Grayscale Bitcoin Trust, Buys Robinhood Stocks Amidst Crypto Surge

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. 

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