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.

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.
Gavin Wood, Polkadot, dan persimpangan teori permainan blockchain untuk inovasi
Parity Technologies, yang bertanggung jawab untuk mengembangkan Polkadot, baru-baru ini dilaporkan menghadapi kesulitan keuangan, yang menyebabkan sejumlah besar PHK.
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.