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Ark CEO Cathie Wood Sees Bitcoin as a Hedge Against Currency Devaluations and Rogue Regimes

Ark CEO Cathie Wood Sees Bitcoin as a Hedge Against Currency Devaluations and Rogue RegimesArk Invest CEO Cathie Wood sees bitcoin as a hedge against currency devaluations and wealth erosion. “I think this is an insurance policy against rogue regimes or against just horrible fiscal and monetary policies,” she explained, attributing the recent bitcoin price surge to a “flight to safety.” ‘I Think This Is a Flight to Safety’ […]

Stripe bringing back crypto payments, this time with a stablecoin

ARK Invest’s Cathie Wood Says $1,500,000 Bitcoin Price Explosion Still on the Table – Here’s Why

ARK Invest’s Cathie Wood Says ,500,000 Bitcoin Price Explosion Still on the Table – Here’s Why

ARK Invest chief executive Cathie Wood says that an explosive Bitcoin (BTC) price surge to $1,500,000 is still in the cards. In a new interview with science and tech entrepreneur Peter Diamandis, Wood says that ARK’s prediction for the flagship digital asset hitting a price tag of $1.5 million by 2027 still has time to […]

The post ARK Invest’s Cathie Wood Says $1,500,000 Bitcoin Price Explosion Still on the Table – Here’s Why appeared first on The Daily Hodl.

Stripe bringing back crypto payments, this time with a stablecoin

ARK Invest’s Cathie Wood Says ‘Substitution’ of Gold for Bitcoin (BTC) Now Underway

ARK Invest’s Cathie Wood Says ‘Substitution’ of Gold for Bitcoin (BTC) Now Underway

ARK Invest CEO Cathie Wood says Bitcoin (BTC) is effectively substituting gold as a store of value asset. In a new YouTube update, Wood says that she believes the crypto king is acting more as a risk-off asset and a “flight to quality” during times of economic uncertainty. “Last year, during the regional bank crisis […]

The post ARK Invest’s Cathie Wood Says ‘Substitution’ of Gold for Bitcoin (BTC) Now Underway appeared first on The Daily Hodl.

Stripe bringing back crypto payments, this time with a stablecoin

Cathie Wood Says ‘It Won’t Take Much’ To Drive Bitcoin Price Up After Institutions Have Access to ETF

Cathie Wood Says ‘It Won’t Take Much’ To Drive Bitcoin Price Up After Institutions Have Access to ETF

ARK Invest head Cathie Wood says that institutional investors could easily drive up the price of Bitcoin (BTC) once they have exposure to an exchange-traded fund (ETF). In a new interview with CNBC, Wood looks at the possibility that the expected approval of an ETF by the U.S. Securities and Exchange Commission (SEC) could be […]

The post Cathie Wood Says ‘It Won’t Take Much’ To Drive Bitcoin Price Up After Institutions Have Access to ETF appeared first on The Daily Hodl.

‘No ETF Has Ever Done Anything Close’ — Analyst Highlights Record GBTC Outflows, Surpassing All ETFs

Cathie Wood Predicts Recession Will Hit US Economy This Year, Says Fed ‘Overdid’ Interest Rate Hikes 

Cathie Wood Predicts Recession Will Hit US Economy This Year, Says Fed ‘Overdid’ Interest Rate Hikes 

ARK Invest’s Cathie Wood says a recession will hit the US in 2024 due to what she believes was overly aggressive interest rate hiking from the Federal Reserve. In a new YouTube update, Wood says that the US is already in a “rolling recession,” or a downturn that affects certain sections of the economy at […]

The post Cathie Wood Predicts Recession Will Hit US Economy This Year, Says Fed ‘Overdid’ Interest Rate Hikes  appeared first on The Daily Hodl.

‘No ETF Has Ever Done Anything Close’ — Analyst Highlights Record GBTC Outflows, Surpassing All ETFs

Probability of a Spot Bitcoin ETF Approval Has Gone Up, Says ARK Invest’s Cathie Wood – But There’s a Catch

Probability of a Spot Bitcoin ETF Approval Has Gone Up, Says ARK Invest’s Cathie Wood – But There’s a Catch

ARK Invest CEO Cathie Wood says that the odds of a January 2024 approval of a spot Bitcoin (BTC) exchange-traded fund (ETF) in the US are going up. In a new interview on Bloomberg Television, Wood says that engagement between ARK Invest and the U.S. Securities and Exchange Commission (SEC) over its ETF application is […]

The post Probability of a Spot Bitcoin ETF Approval Has Gone Up, Says ARK Invest’s Cathie Wood – But There’s a Catch appeared first on The Daily Hodl.

‘No ETF Has Ever Done Anything Close’ — Analyst Highlights Record GBTC Outflows, Surpassing All ETFs

Anticipated Bearish Impact of Potential Spot Bitcoin ETF Approval Likely To Be Short-Term, Says Cathie Wood

Anticipated Bearish Impact of Potential Spot Bitcoin ETF Approval Likely To Be Short-Term, Says Cathie Wood

ARK Invest CEO Cathie Wood says the approval of a spot Bitcoin (BTC) exchange-traded fund (ETF) in the US will likely have a negative impact on the price of the flagship cryptocurrency. In a new interview on CNBC, Wood says investors eager to take profits will “sell on the news” of securities regulators giving their […]

The post Anticipated Bearish Impact of Potential Spot Bitcoin ETF Approval Likely To Be Short-Term, Says Cathie Wood appeared first on The Daily Hodl.

‘No ETF Has Ever Done Anything Close’ — Analyst Highlights Record GBTC Outflows, Surpassing All ETFs

Coinbase co-founder Fred Ehrsam sells $13 million COIN shares as ARK continues to divest

Major Coinbase shareholders have sold over $14 million of stocks over the past 48 hours.

According to public trading data, Coinbase co-founder Fred Ehrsam and ARK Invest have sold more than $14 million of Coinbase shares over the past 48 hours.

Information shared by Insider Tracker, a service that shares trading information of high-profile company executives and politicians shows that Ehrsam sold 97.836 COIN shares for $13.2 million on Dec. 11.

Meanwhile, ARK Invest’s daily trade information newsletter, which provides updates on its actively managed exchange-traded funds (ETFs), showed that its ARK Innovation ETF (ARKK) had offloaded some 10,933 COIN shares valued at around $1.5 million.

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‘No ETF Has Ever Done Anything Close’ — Analyst Highlights Record GBTC Outflows, Surpassing All ETFs

Cathie Wood Sells Off Coinbase (COIN) Stock While Picking Up More Robinhood (HOOD) Shares

Cathie Wood Sells Off Coinbase (COIN) Stock While Picking Up More Robinhood (HOOD) Shares

ARK Invest founder and CEO Cathie Wood is selling off tens of thousands of shares in the top US crypto exchange Coinbase (COIN). According to the latest reported sales by Ark Invest, ARK sold 43,956 shares of Coinbase on Monday as COIN soared to $120. COIN was trading for $128.27 at market close on Tuesday, […]

The post Cathie Wood Sells Off Coinbase (COIN) Stock While Picking Up More Robinhood (HOOD) Shares appeared first on The Daily Hodl.

‘No ETF Has Ever Done Anything Close’ — Analyst Highlights Record GBTC Outflows, Surpassing All ETFs