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Ark Invest News and Articles



Cathie Wood Ark Invest

Cathie Wood's Ark Invest to Drop PayPal for CashApp

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Florida-based investment management firm Ark Invest’s CEO and CIO Cathie Wood announced dropping all of the company's PayPal holdings for Cash App. She talked about the news at Bitcoin 2022. Cash App owned by Block relies on Lightning Network, a layer 2 solution for BTC payments to make...

Wood

The head of the ARK Invest fund commented on the fall of bitcoin

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Many experts have already reacted to the dominance of the negative trend in the crypto market. For example, Bloomberg strategist Mike McGlone said that the pullback would be temporary, but Bitcoin could hold above $ 40,000. So far, the analyst's forecast is coming true, and the largest digital...

Cathie Wood

ARK Invest CEO iterates inevitability of a bullish scenario for BTC

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Over the next five years, we will see the price of bitcoin (BTC) jump above $ 500,000. This forecast was announced by the CEO of ARK Invest fund Cathie Wood. Moreover, it is not the first time that it has declared that the leading cryptocurrency is aimed at growth in the long term. Even in moments...

Cathie Wood Ark Invest

Cathie Wood Believes BTC Will Hit $500.000 Over 5 Years

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The CEO and CIO of New York-based investment management firm ARK Invest, Catherine Wood believes that Bitcoin price will go up to $500.000 in five years. She also announced that the company's confidence in Ethereum rose after the ETH2.0 upgrade. Catherine Wood shared her opinion during the SALT...

Cathie wood

Ark Invest's Cathie Wood criticizes Bitcoin opponents

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Cathie Wood, the founder of the Ark Invest investment fund, represents the camp of the so-called bitcoin bulls. Over the past two years, she has periodically entered into polemics with opponents of the cryptocurrency and criticized them for their shortsightedness. Wood recently commented on a...

ARK Invest Square holdings

ARK Invest Acquires Another $54 M Square Stock

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NY-based investment management ARK Invest has increased its stock holdings of the payments services company Square headed by Jack Dorsey. The company purchased a total of 225,937 shares as mentioned in its daily holding files. This move came a few days later after Twitter CEO Jack Dorsey shared the...

ARK Invest Bitcoin ETF

ARK Invest Files For Bitcoin ETF

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On June 28, the asset management ARK Invest applied with the US SEC to create its BTC-based exchange-traded fund. The company's founder and CEO, Catherine Wood, who has always supported innovations, now has a goal to offer a Bitcoin-based product. Despite the present price decline, Catherine Wood...

ARK Invest Bitcoin

ARK Invest Bought $22 M Worth of Bitcoin

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New York-based investment management company ARK Invest, which is focused on innovations, put $22 million into Bitcoin. The investment is shown in the company's daily purchase report that publishes trades carried out through ETFs. On May 23, the ARK Next Generation Internet ETF bought 516.001...

Ark invest buys Coinbase shares

ARK Invest Purchased $110 M Coinbase Shares

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Reuters announced that today New York-based ARK funds acquired 341,186 Coinbase shares worth above $110 M. On April 14, when Coinbase stock (COIN.O) went public on Nasdaq, the firm sold some of its Tesla shares and obtained 749,205 shares of $246 M worth of Coinbase. After the second deal, the...

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