Cathie Wood’s ARK Invest has made a mind-blowing prediction for the price of Bitcoin and Ethereum. According to their Big Ideas Summit 2022 (BIS 2022) report, Bitcoin may exceed a value of $1 million ...
Tag: ARK
Cathie Wood’s Ark Invest Predicts Bitcoin Could Exceed $1M by 2030
ARK Investment Management, the firm led by star manager Cathie Wood, predicts that bitcoin’s price could exceed $1 million by 2030 as the cryptocurrency’s global usage is still only in its early days....
Cathie Wood’s ARK Invest Opens Position in Company Merging With Stablecoin Giant Circle: Report
Veteran hedge fund manager Cathie Wood’s ARK Invest is buying up shares of a special-purpose acquisitions company (SPAC) that is merging with a prominent stablecoin firm. According to a report from Ma...
SPAC Set To Merge With Circle, ARK ETF Purchases 6.93 Million Shares Of SPAC
ARK Invest purchased about 6.93 million shares of the SPAC worth $70.6 million through the organization’s ARK Fintech Innovation ETF. SPAC is set to merge with Circle, which earlier revealed that it w...
Cathie Wood’s ARK ETF reportedly buys 6.93M shares of SPAC merging with Circle
Cathie Wood’s Ark Invest has reportedly purchased 6.93 million shares of the special purchase acquisition company, or SPAC, that is merging with Circle, for $70.6 million through the company’s A...
How a Flood of Money Swamped Cathie Wood’s ARK
Fund manager Cathie Wood became a superstar in 2020, after her ARK exchange-traded funds earned some of the highest returns in history. So far this year, ARK Innovation, the largest of Ms. Wood’s ETFs...
ARK Invest CEO Cathie Wood On What Will Drive Bitcoin Correction
The price of bitcoin continues to struggle and investors look towards various indicators to know when the price of the digital asset would begin to correct once again. While some indicators have shown...
Cathie Wood’s Ark Sees Near-Record Short Bets in Tech Wreck
(Bloomberg) — Even after Cathie Wood’s largest fund plunged almost 15% in the new year tech rout, traders are betting there’s more pain in store. Most Read from Bloomberg Short interest as a per...
Unprofitable tech trades are off to an ugly 2022. Here are the ETFs to consider as Cathie Wood’s Ark sinks.
Happy Thursday! In mythology, Janus is a god of transitions who is often depicted as a two-faced deity. A mere three sessions into the month of January, and some investors already may be feeling whipl...
Cathie Wood’s flagship Ark ETF off to a rough start to 2022 — down 45% from its peak
With every new year comes a clean slate. For Cathie Wood’s Ark Invest, that doesn’t seem to be the case. The firm’s beaten-down Ark Innovation Fund (ARKK) has hit a new low in 2022 — already. After sh...