Ark Invest Shifts Portfolio, Swaps Coinbase and Robinhood for Newly IPO’d Reddit Shares

On Thursday, Ark Invest parted ways with 133,533 Coinbase shares from its Ark Innovation exchange-traded fund (ARKK) and also disposed of 96,003 Robinhood shares from the ARKW ETF. Following these divestments, Ark Invest acquired Reddit shares for both the ARKW and ARKF ETFs. Ark’s Portfolio Pivot: COIN, HOOD Out, RDDT In This week, Cathie Wood‘s … Read more

Ark Invest CEO Cathie Wood Says Metaverse Will Be Multitrillion-Dollar Market

The CEO of Ark Investment Management, Cathie Wood, says that the metaverse can become a multitrillion-dollar market. “It’s a big idea that will probably infiltrate … every sector in ways that we cannot even imagine right now,” she said. Cathie Wood Believes the Metaverse Will Be Multitrillion-Dollar Opportunity Ark Investment Management (Ark Invest) CEO Cathie … Read more

Elon Musk, Jack Dorsey, Cathie Wood Will Discuss Bitcoin Live at ‘B Word’ Event

Tesla CEO Elon Musk, Twitter CEO Jack Dorsey, and Ark Invest CEO Cathie Wood will be featured speakers at the Bitcoin event “The B Word,” which will feature a live discussion between the three focused on how Bitcoin is perceived by the mainstream. The ₿ Word event organizer announced Monday that Tesla and Spacex CEO … Read more

Ark Invest CEO Says Impossible to Shut Down Bitcoin — Regulators Will Become More Friendly Over Time

The CEO of Ark Investment Management (Ark Invest), Cathie Wood, says regulators cannot shut down bitcoin. She added that they will become more friendly towards cryptocurrencies over time. Wood is not the only one who thinks that governments cannot shut down bitcoin. Regulators Cannot Shut Down Bitcoin, Says Ark’s CEO Ark Invest CEO Cathie Wood … Read more