Cathie Wood

Cathie Wood

News Analysis

Cathie Wood's Ether ETF Pullback Is Likely Due to Fee War

The asset manager’s name was removed from a recent document filed with the Securities and Exchange Commission in preparation for the launch and later confirmed that it dropped out of the race.

Ark Invest CEO Cathie Wood (Marco Bello/Getty Images, modified by CoinDesk)

Finance

Cathie Wood Says Ether ETF Filings Were Approved Because Crypto Is an Election Issue

Wood said the proposed ether ETFs weren't approved in a regular way.

Cathie Wood, CEO of ARK Invest, at Consensus 2024. (Suzanne Cordiero)

Videos

ARK Sells Last of Its ProShares Bitcoin Futures ETF Shares; Consensys Files Lawsuit Against the SEC

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today. Cathie Wood's ARK Invest offloaded the last of its shares in ProShares Bitcoin Strategy ETF (BITO). Plus, Consensys files a lawsuit against the SEC, and bitcoin-centric stablecoin company OpenDelta, raised $2.15 million in a pre-seed round.

Recent Videos

Markets

ARK Sells Last of Its ProShares Bitcoin Futures ETF Shares

The investment firm sold 237,983 BITO shares worth $6.7 million at Thursday's closing price of $28.22 from its Next Generation Internet ETF (ARKW)

Ark Invest CEO Cathie Wood

Finance

Cathie Wood Attributes Bitcoin's Rise to National Currency Devaluations

Wood called bitcoin an "insurance policy against rogue regimes and horrible fiscal and monetary policies."

Ark Invest CEO Cathie Wood

Videos

Bitcoin Reaching $1.5M Is 'Never Gonna Happen,' Trader Says

Livetraders.com founder Anmol Singh shares his analysis on why Tesla stocks are standing out from the traditional finance market and his thoughts on Cathie Wood's $1.5 million price target for bitcoin. Plus, his Algorand outlook and insights on the biggest mistakes traders make.

Recent Videos

Finance

Cathie Wood Calls Bitcoin a ‘Financial Super Highway,’ Reiterates $1.5M Price Target

The Ark Invest CEO said the firm has been looking closely at emerging markets, where use cases of the digital asset make her believe that bitcoin is partly a risk-off asset.

Ark Invest CEO Cathie Wood

Markets

Cathie Wood's ARK Invest Sold Nearly $150M Coinbase Shares Last Week

ARK Invest aims to have no individual holding surpass a 10% weighting of an ETF's value, making such large sell-offs necessary when an asset surges in value

Ark Invest CEO Cathie Wood

Videos

Can Ether Hit $3.5K on ETF Expectations? Cathie Wood's ARK Invest Sells Coinbase Shares

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as the price of ether (ETH) rose through the $2,800 mark for the first time since May 2022. Plus, insights on the partnership between Telefónica and Chainlink to maintain security against Web3-related hacks and exploits. And, Cathie Wood's ARK Invest sold $34.3 million worth of Coinbase shares, the first time the firm has done so in a month.

CoinDesk placeholder image

Markets

Bitcoin ETFs Mean 'Substitution' From Gold Into BTC Will Continue, Says Cathie Wood

While bitcoin's price is often denominated against fiat currencies, Wood pointed out that even relative to gold, BTC has risen consistently since its early days.

Ark Invest CEO Cathie Wood