Cathie Wood Explores Tesla's Future and Bitcoin's Investment Potential in CNBC Interview
Cathie Wood supports Elon Musk's visionary leadership at Tesla, discusses Bitcoin ETFs, and maintains strong optimism about Bitcoin's transformative future.
![image Xu Lin](https://image.coinlive.com/24x24/cryptotwits-static/2c1d66efc5e3aabc423bd058f2ae985d.png)
Cathie Wood supports Elon Musk's visionary leadership at Tesla, discusses Bitcoin ETFs, and maintains strong optimism about Bitcoin's transformative future.
Cathie Wood's bullish outlook on Bitcoin and the Ark 21Shares Bitcoin ETF remains steadfast, projecting a $1.5 million price target and anticipating substantial institutional inflows. However, she challenges the SEC's cautionary stance on Bitcoin-related ETFs, characterizing it as old DNA dismissing the new in the realm of disruptive innovation.
Cathie Wood's optimistic outlook on Bitcoin's future, post-ETF approval, contrasts market speculations. Her insights revolve around increased institutional participation, potential asset substitution, and Bitcoin's scarcity, projecting a bullish trajectory for the cryptocurrency.
ARK Invest, managed by Cathie Wood, attracted attention for selling $25 million in Coinbase (COIN) shares on January 3, amid a 3% stock decline to $152.24. This divestment trend has continued since December 2023, totaling over $125 million in COIN shares, signifying a significant shift in the company's investment strategy.
ARK Invest首席执行官表示,市场的不确定性需要一个机会来利用颠覆性创新,而这种创新在历来“在动荡时期获得了份额”。
CEO Ark Invest Cathie Wood memperpanjang surat terbuka kepada The Fed pada hari Senin, mendesak mereka untuk menghentikan kenaikan suku bunga.
Perusahaan investasi Cathie Wood ARK Investment Management adalah pemegang saham terbesar ketiga Coinbase, dilaporkan memegang hampir $9 juta pada akhir Juni.
Aksi harga Bitcoin jangka pendek sekali lagi terasa seperti binatang yang berbeda dari keyakinan kerangka waktu tinggi bulls.
Wood percaya bahwa Venmo hanyalah pengikut Cash App, yang telah menghasilkan pendapatan Venmo lebih dari dua kali lipat dari hampir setengah jumlah pengguna.