Cathie / 2 posts found

ARKF’s CEO Cathie Wood’s Bitcoin Portfolio Reinvents the Bullish Outlook

ARKF’s CEO Cathie Wood’s Bitcoin Portfolio Reinvents the Bullish Outlook

The Coinbase stock holdings of ARK’s Fintech Innovation Fund (ARKF) have increased by 10,880 shares, or almost 8% of the fund’s, to $60.5 million. According to 13F filings with the Securities and Exchange Commission, this would be ARK’s first acquisition of Coinbase stock since June (SEC). Cathie Wood, the chief investment officer at ARK, stated in August that due to an SEC investigation into the cryptocurrency exchange, the fund has cut its holdings in Coinbase. In summary, Wood and ARK are still very bullish on Coinbase and cryptocurrencies in general. According to 13F filings, ARK has 7.7 million shares of […]
Ark Invest’s Cathie Wood Says Banks Are Losing Talent To Crypto

Ark Invest’s Cathie Wood Says Banks Are Losing Talent To Crypto

You are here: Home / News / Ark Invest’s Cathie Wood Says Banks Are Losing Talent To Crypto April 9, 2022 by Lipika Deka 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 of crypto’s vocal advocates stated, “Banks have a big problem. They’re losing talent to crypto, so they’re having to raise wages […]