ARK Invest Sells $13.5M Coinbase Shares After Steady Buying Streak
[Mar 21, 2023 8:12 PM] Before this sale, ARK Invest owned 9.9 million shares of the crypto exchange worth $575 million.
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Bitcoin is beating Warren Buffett’s 'crypto bet' in 2023
[Mar 17, 2023 12:22 AM] Bitcoin's rebound in 2023 has also seen Coinbase stock gaining over 100% year-to-date, boosting Cathie Wood's ARK portfolio.
Bitcoin price nears $25K as analysts place bets on CPI impact
[Mar 14, 2023 1:20 AM] Bitcoin lines up a fresh charge at multimonth resistance, but BTC price action already faces calls for a comedown triggered by CPI.
Cathie Wood’s ARK ignores Silvergate, buys Coinbase stock for 6th straight month
[Mar 8, 2023 4:50 AM] ARK appears unfazed by Silvergate as it increases Coinbase exposure by over 700,000 shares in 2023.
Ark Invest Expects Bitcoin to Become a Multitrillion-Dollar Market — Predicts BTC Price Could Reach $1.48 Million
Fiat is in 'jeopardy' but Bitcoin, stablecoins aren't the answer either: Ray Dalio
[Feb 2, 2023 7:20 PM] The hedge fund manager instead wants to see an “inflation-linked coin” be brought to the masses which would serve to ensure consumers secure their buying power.
Ark Invest CEO sees potential crypto rebound amid whiffs of a Fed pivot
[Jan 23, 2023 10:53 PM] The crypto and innovative tech investment firm is confident that inflation will fall and the Fed will pivot in 2023.
Cathie Wood: Ark dumps 500K GBTC shares, adds Coinbase stock as Bitcoin recovers 40%
[Jan 23, 2023 6:38 AM] Ark's GBTC weight in the portfolio actually increased despite the fund selling 500,000 shares in the past month.
'Wall of worry' led to digital wallets, blockchain tech ignored: Cathie Wood
[Jan 13, 2023 12:13 AM] Market uncertainty calls for an opportunity to take advantage of disruptive innovation which has historically "gained share during turbulent times," says ARK Invest CEO.
SBF 'didn't like' decentralized Bitcoin — ARK Invest CEO Cathie Wood
[Dec 11, 2022 7:51 AM] Bitcoin was not an option for "control" of the market by Bankman-Fried, Wood says, as Michael Saylor says he "undermined" the BTC network.
Bitcoin clings to $17K as ARK flags 'historically significant capitulation'
[Dec 6, 2022 9:03 AM] BTC price action is suffering from FTX, but decentralized blockchains are "as strong as ever," says ARK Invest.
Cathie Wood's ARK Invest adds more Bitcoin exposure as GBTC, Coinbase stock hit new lows
[Nov 22, 2022 2:40 AM] ARK Invest scoops up bargains as Coinbase shares hit all-time lows and GBTC trades at a near-50% discount to the already suppressed Bitcoin spot price.
Ark Invest CEO Warns Fed’s Actions Could Lead to 1929-Like Great Depression — Elon Musk Agrees
[Nov 13, 2022 7:00 PM] The CEO of investment management firm Ark Invest has warned that if the Federal Reserve does not pivot, the current economic setup will be similar to 1929 when the Great Depression started. Tesla CEO and Twitter chief Elon Musk agreed. The Fed…