Cathie Wood Says BTC has ‘long way to go’ at $90K
Bitcoin may have recently achieved a new all-time high above $90,000; however, Cathie Wood of ARK Invest claims it still has a “long way to go.” In an interview with CNBC’s Squawk Box on Nov. 15, she emphasized that Ark was the first public asset manager to acquire exposure to Bitcoin in 2015 at $250. […]
Cathie Wood Offloads Ethereum Futures ETFs, Bearish Signal For Spot ETFs?
Cathie Wood’s investment firm, Ark Invest, recently sold two Ethereum futures ETFs, including its own ARKZ ETF and ProShares’ EETH. On August 9, Cathie Wood’s Ark Invest made significant moves in the crypto market by selling large portions of its Ethereum futures ETFs. This action might suggest a bearish outlook for Ethereum exchange-traded products (ETPs) and indicates […]
Cathie Wood: Tesla (TSLA) Targets 85% Margins in Robotaxi, AI
Cathie Wood recently dubbed Tesla the world’s largest AI project and forecasted a bright future for its robotaxi program. Cathie Wood, the founder and CEO of ARK Invest, voiced optimism about Elon Musk’s Tesla’s future prospects. Moreover, she emphasized the capabilities of the robotaxi network. Wood had previously emphasized Tesla’s increased investment in what she […]
Cathie Wood’s Ark Invest Reveals Its ChatGPT OpenAI Holdings
The Ark Venture Fund has revealed that it has allocated approximately 4% of its assets under management (AUM) towards OpenAI. Cathie Wood’s Ark Investment has been actively wagering on the crypto and AI space, and it disclosed its holdings in ChatGPT’s parent company, OpenAI, in its most recent filing. ARK Invest’s OpenAI Investment Disclosure On […]
Robert Kiyosaki Considers Cathie Wood’s $2.3 Mln BTC Prediction
Robert Kiyosaki, a renowned author, concurs with Cathie Wood’s audacious Bitcoin price forecast of $2.3 million per BTC. Renowned author Robert Kiyosaki, known for his best-selling book “Rich Dad Poor Dad,” recently backed Cathie Wood’s bold Bitcoin price estimate of $2.3 million per BTC. However, Kiyosaki’s endorsement stems from his profound respect for Wood’s intellectual […]