Ark Invest, led by Cathie Wood, has revised its Bitcoin price predictions, suggesting it could soar to $2.4 million per coin by 2030. At a minimum, the firm forecasts a bear case of around $500,000 within the next five years. This updated forecast combines previous models with new insights on Bitcoin’s active supply, which considers ...
Cathie Wood’s ARK Invest has taken a mixed approach following the U.S. announcement of new trade tariffs. The firm sold $12 million worth of its spot Bitcoin ETF while simultaneously purchasing $26.6 million in Coinbase stock. This buying spree included significant acquisitions on April 4 and April 7. Despite the Bitcoin ETF sale, ARK continues ...
Cathie Wood’s ARK Invest is taking a mixed approach to new U.S. trade tariffs. The firm has sold $12 million worth of its ARK 21Shares Bitcoin ETF while investing $26.6 million in Coinbase stock. This includes significant purchases of $13.2 million and $13.3 million just days apart following the tariff announcement on April 2. Despite ...
Cathie Wood, the CEO of ARK Investment Management, has set a bold prediction for Bitcoin, forecasting its price could reach $1.5 million by 2030. Despite recent Market uncertainties, she believes Bitcoin remains on an upward path. Wood emphasizes that Bitcoin is currently in the middle of a typical four-year Market cycle and maintains that a ...
Cathie Wood, a prominent Wall Street advocate for technology investments, founded ARK Investment Management, which focuses on innovative sectors like cryptocurrencies and AI. ARK made headlines by launching one of the first Bitcoin ETFs. Wood predicts Bitcoin could rise dramatically to $1.48 million by 2030, representing a potential gain of 1,660% from its current price ...
Cathie Wood, a prominent advocate for technology investments, founded ARK Investment Management, which focuses on innovative technologies like cryptocurrency and AI. ARK was a pioneer in launching a Bitcoin ETF, predicting Bitcoin could skyrocket to $1.48 million by 2030, a potential return of 1,660%. Currently trading around $84,000, many see this dip as a buying ...
Cathie Wood, the founder of ARK Investment Management, is a strong advocate for the technology sector, especially in innovative fields like cryptocurrency and artificial intelligence. ARK was among the first to launch a Bitcoin ETF, forecasting the cryptocurrency could rise to $1.48 million per coin by 2030, representing a potential increase of 1,660% from current ...
Cathie Wood, founder of ARK Investment Management, is a strong advocate for the technology sector, particularly Bitcoin. ARK was among the first firms approved to launch a Bitcoin ETF, predicting the cryptocurrency could skyrocket to $1.48 million by 2030, representing a potential return of 1,660%. Currently trading at around $84,000, Bitcoin’s demand has made it ...
Bitcoin started 2025 on a low note, dropping below $90,000 and reaching a three-month low, leaving many investors worried. Despite this, Cathie Wood from Ark Invest remains optimistic, predicting that Bitcoin could reach $1.5 million by 2030. She emphasizes that the current downturn is a normal part of Market cycles, and long-term buyers should see ...
ARK Invest, led by Cathie Wood, made a notable investment shift amidst the recent cryptocurrency downturn. The firm sold over 98,000 shares of its own Bitcoin ETF, worth about $8.6 million, while purchasing 41,032 shares of Coinbase for approximately $8.7 million. Despite Coinbase’s stock falling by 6.5% to $212.49, ARK remains optimistic, likely due to ...
