Solana often hailed as the “Ethereum Killer”, has experienced a remarkable surge of over 350% in the past year, marking an 18-month high in its price. The driving forces behind this impressive growth are multifaceted, with the recent accolades from Cathie Wood, the CEO of Ark Invest, serving as the latest catalyst. Wood, in a […]
Cathie Wood
Robinhood Soars on ARK Invest’s $9.54 Million Buy
Cathie Wood’s ARK Invest purchased a large chunk of shares in U.S.-based financial services company Robinhood (HOOD), a day after the popular trading platform laid out plans to expand in Europe. ARK Innovation ETF (ARKK), ARK Next Generation Internet ETF (ARKW), and ARK Fintech Innovation ETF (ARKF) bought a combined 1,141,046 shares of the cry[to […]
Bitcoin: Ark Invest Adds Key Element For Spot ETF Approval
Cathie Wood-led Ark Invest has made significant modifications to its spot Bitcoin ETF proposal, addressing concerns raised by the U.S. Securities and Exchange Commission [SEC] regarding Coinbase’s custodial practices. The amendment, filed on October 11, outlines the segregation of the trust’s assets with the custodian, emphasizing that they are held in segregated accounts on the […]
Bitcoin: Cathie Wood’s Ark Invest Might Be The First To Earn Approval For Spot ETF
A surprise front-runner has stoked the flames of the Bitcoin ETF craze. Contrary to what many in the industry believe, Cathie Wood’s Ark Invest might be the first in line to receive clearance for a spot Bitcoin ETF rather than BlackRock. According to analyst Yassine Elmandjra, BlackRock’s spot filing application has hogged the limelight for […]
Nearly $3.3M Coinbase Shares Joins Cathie Woods ARK Invest
Quite a few things have caused Coinbase to fly beneath the media’s notice. The rest of the community anticipated a decline in the stock price of COIN as the crypto exchange finished its third round of layoffs. In contrast, it was climbing. Throughout the week, Cathie Wood and Ark Invest, her investment management company, have […]
Ark Invest’s Cathie Wood Says Banks Are Losing Talent To Crypto
Ark Invest CEO Cathie Wood has a word of caution for crypto skeptics. Speaking on the sidelines of the Bitcoin 2022 conference in Miami, the top exec said that cryptocurrency was created to stop reliance on legacy financial institutions. According to Wood, the Banks are already feeling the heat. The leading investor who is one […]
Cathie Wood says Bitcoin is the first global private digital currency system
Cathie Wood, founder, CEO, and chief investment officer of Ark Invest stated that Bitcoin is the first global private digital currency system, which is based on rules. In a summit hosted by the Global Wealth Management Forum’s 2022 “New Economic and Financial Landscape under the Shared Global Recovery”, the exec spoke in detail on the […]