Category: ARK invest

Ark Invest’s Cathie Wood Doubles Down on $500K Bitcoin Prediction, Discusses Crypto Regulation

Ark Invest’s Cathie Wood Doubles Down on $500K Bitcoin Prediction, Discusses Crypto Regulation

Ark Investment Management CEO Cathie Wood expects the price of bitcoin to be more than $500,000 in five years’ time, which is over 10 times what it is today. She also shared her view on cryptocurrency regulation and Coinbase’s trouble with the U.S. Securities and Exchange Commission (SEC). Cathie Wood’s Ark Invest Predicts $500K Bitcoin […]

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Cathie Wood’s Ark Invest to Buy Canadian Bitcoin ETFs

Cathie Wood’s Ark Invest has filed to change the allowance in its prospectus to permit one of its funds, the ARK Next Generation Internet ETF (ticker ARKW), to gain exposure to digital currencies through “exchange-traded funds domiciled in Canada.” This move marks a whole new opportunity being sought by Ark Invest to bolster its cryptocurrency […]

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The B-Word Conference Starts in Few Hours, Here’s What to Expect

The highly anticipated B-Word Conference is all set to start later today at 9 am PDT. The conference is Bitcoin centered where some of the most notable names in the crypto field would discuss possible ways in which institutions can incorporate Bitcoin in their system. The conference would offer a live experience and a library […]

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Jack Dorsey, Elon Musk and Cathie Wood set for live talk during bitcoin conference this week

Jack Dorsey, Elon Musk and Cathie Wood set for live talk during bitcoin conference this week

The Bitcoin-centered conference “The ₿ Word” has been confirmed for this week, as well as entrepreneur Elon Musk’s attendance.  Musk, the CEO of Tesla, will participate in a live discussion with Square and Twitter CEO Jack Dorsey and Ark Invest founder and CEO Cathie Wood during the conference, which will commence at 12 p.m. on […]

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Circle to Go Public via Bob Diamond-Backed SPAC Deal — Boston Firm Valued at $4.5 Billion

Circle to Go Public via Bob Diamond-Backed SPAC Deal — Boston Firm Valued at $4.5 Billion

The Boston-based crypto financial company Circle has announced the firm plans to go public this year in a merger with Concord Acquisition Corp. Circle revealed the news on Thursday and noted that the company expects to close the deal in Q4 with a valuation of $4.5 billion. Circle Announces SPAC Deal With Plans to Go […]

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Cathie Wood Bought the Dip: Ark Invest Purchases One Million GBTC Shares

Cathie Wood Bought the Dip: Ark Invest Purchases One Million GBTC Shares

Cathie Wood, the founder of Ark Invest, bought the dip this Tuesday when Bitcoin prices tumbled below $30K. According to reports, Ark acquired more than one million shares of the Grayscale Bitcoin Fund. The company also bought more Coinbase shares. Wood has a positive stance on crypto and keeps predicting Bitcoin will reach a long-term […]

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Cathie Wood’s Ark Invest Doubles Down On Buying the Bitcoin (BTC) Dip

While Tuesday’s Bitcoin (BTC) price crash to $29,092 has baffled retail investors, institutions like Ark Invest are doubling down their efforts to buy the dips. As per the latest reports, Cathie Wood’s Ark Invest took the advantage of the BTC downturn. The Ark Generation Internet ETF (ARKW) ETF snapped up over one million additional shares […]

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