Cathie Wood supports Elon Musk's visionary leadership at Tesla, discusses Bitcoin ETFs, and maintains strong optimism about Bitcoin's transformative future.
Xu LinCathie 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.
BerniceCathie 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.
Huang BoARK 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.
Xu Lin
JinseFinanceARK 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”。
CointelegraphArk Invest CEO Cathie Wood extended an open letter to the Fed on Monday, urging them to halt raising interest rates.
OthersCathie Wood’s investment firm ARK Investment Management is the third-largest shareholder of Coinbase, reportedly holding nearly $9 million as of late June.
CointelegraphThe U.S. SEC rejected the application for the ARK 21Shares Bitcoin ETF in early April and has not approved a spot Bitcoin ETF so far.
CointelegraphWood believes that Venmo is merely a follower of Cash App, which has generated more than double Venmo’s revenue from almost half the number of users.
Cointelegraph