Famous acclaimed author and investor Robert Kiyosaki has publicly endorsed Cathie Woods’ Ark Invest audacious prediction on Bitcoin, demonstrating a noteworthy agreement of viewpoints toward the potential for the crypto asset to reach unprecedented heights. This unity is evidence of the increasing number of people in the financial community who are confident that the asset […]
Ark Invest CEO Cathie Wood has reiterated her bullish stance on Bitcoin. The investment mogul, who recently disclosed she allocated 25% of her wealth into Bitcoin, has now predicted the cryptocurrency is on a highway to new highs. Particularly, Wood called Bitcoin a “financial super highway,” amidst discussions of its importance in emerging markets. As […]
In their latest annual research report titled ‘Big Ideas 2024,’ ARK Invest, a renowned investment management firm, has put forth a compelling case for including Bitcoin in institutional portfolios. Drawing upon an extensive analysis of the crypto’s performance, the report recommends a significant allocation of “19.4%” to Bitcoin. This figure is not arbitrary but is […]
In a notable exchange on the social media platform X (formerly Twitter), Tesla and SpaceX CEO Elon Musk voiced his astonishment about Bitcoin in reaction to a tweet from Cathie Wood, CEO of Ark Invest. Wood’s tweet, which resonated with Musk, shed light on the extraordinary statistics characterizing the Bitcoin network, eliciting a simple yet […]
As the much-awaited deadline for Bitcoin Spot ETF applications is drawing near, Ark Investment Management under the direction of Cathie Wood has sold off its entire Grayscale Bitcoin Trust (GBTC) holdings. Ark Invest Bitcoin Investment Strategy Shift Bloomberg Intelligence ETF analyst Eric Balchunas recently reported the development on X (formerly Twitter) on Thursday, December 28. […]
The cryptocurrency industry is abuzz with excitement and speculation as the long-awaited approval of the first-ever Bitcoin spot exchange-traded fund (ETF) in the United States draws closer. With the potential to significantly impact BTC’s price and market capitalization, industry experts and enthusiasts eagerly await the decision of the US Securities and Exchange Commission (SEC). Bitcoin […]