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Cathie Wood, CEO of asset management firm Ark Invest, recently met with El Salvador’s President Nayib Bukele and discussed bitcoin. She praised his progressive approach to economic and educational reforms. “President Bukele’s determination to transform El Salvador into a hub for the bitcoin and AI communities — two of the most significant economic and technological … Read more
The ARK Invest CEO praised the Central American country for being an “oasis” for Bitcoin and AI adoption. Go to Source
Ark 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’ … Read more
Major Coinbase shareholders have sold over $14 million of stocks over the past 48 hours. Go to Source
Just days after buying $21 million of Coinbase shares, ARK Invest CEO Cathie Wood has added another $19.9 million in Block Inc. shares across its ETFs. Go to Source Powered by WPeMatico
Cathie Wood’s ARK and crypto investment firm 21Shares are tripling down on their attempt to get approval to create a spot Bitcoin ETF in the U.S. Go to Source Powered by WPeMatico
Cathie Wood thinks Bitcoin and Ether are acting as “risk-off” assets and as a “flight to safety” for investors amid macroeconomic uncertainty. Go to Source Powered by WPeMatico
ARK Invest purchased 269,928 shares in Coinbase on March 23, only two days after it sold $13.5 million, its first sale of Coinbase shares this year. Go to Source Powered by WPeMatico
Ethereum price has turned oversold against Bitcoin, raising the possibilities of a rebound in the coming weeks. Go to Source Powered by WPeMatico
Cathie Wood was impressed that Bitcoin “moved in a very different way” compared to the equity market in response to the recent banking crisis. Go to Source Powered by WPeMatico
