Ark Invest divests completely from Grayscale Bitcoin Trust (GBTC) in its ARKW portfolio, opting for a shift towards Bitcoin futures through ProShares’ Bitcoin Strategy ETF ($BITO). Ark Invest, as part…
Browsing: Ark Investment Management
Cathie Wood of ARK Investment Management recommends Bitcoin as a protective asset against deflation and favors it over gold or cash for the next decade. Wood believes emerging technologies like…
Prominent figures in the cryptocurrency industry express confidence in eventual regulatory approval. Insights from Cathie Wood of ARK Investment suggest the SEC may simultaneously approve multiple spot Bitcoin ETFs. Two…
Ark Invest’s CEO Cathie Wood has maintained her position that Bitcoin will hit $500,000. She believes Bitcoin mining can cause high adoption of solar energy. The CEO of Ark Investment…