Ark Invest's Cathie Wood on bitcoin ETF prospects and Tesla's billion-dollar investment

  • 📰 CNBC
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Ark Invest's Cathie Wood on bitcoin ETF prospects and Tesla's billion-dollar investment (via ETFEdgeCNBC)

With Gary Gensler — a longtime financier who taught a digital currency class at the Massachusetts Institute of Technology — being nominated to lead the Securities and Exchange Commission, the watchdog could warm to crypto during the Biden administration, Wood said.

"I think we have individuals now involved who really understand the space and I think the likelihood has gone up" for a U.S.-based bitcoin ETF. for the first-ever physically backed bitcoin ETF in Canada this week. The fund began trading on Thursday.are adding bitcoin to their balance sheets, its potential for profits has exponentially grown, Wood said.

"We expected institutional interest to pick up this year and it certainly has, but the way in which it's picked up has surprised us," she said. "I don't think we ever thought there would be broad-based substitution of bitcoin for cash on corporate balance sheets, so, we find that very interesting."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

ETFEdgeCNBC She’s having a tremendous week. Since her appearence on the haltime report

ETFEdgeCNBC HUMBL $tsnp

FastMoney ETFEdgeCNBC this woman will be the poster child for the next market crash. too much self promotion, they are literally ringing the bell at the top

ETFEdgeCNBC ...And PLTR large investment 💰PalantirTech RobinhoodAppUK wallstreetbets MarketRebels TikTokInvestors RobinhoodSnacks stoolpresidente RobinhoodApp reddittrading wallstreetbets_ wsbmod reddittrading bancodebarstool wsbchairman Grassosteve mcuban spacGuru

charlesacartron ETFEdgeCNBC Sinon ça va ?

ETFEdgeCNBC Miners make 10x more then $BTC $RIOT $MARA

FastMoney ETFEdgeCNBC 👸🏼

FastMoney ETFEdgeCNBC My money is on Cathie MFn Woods

FastMoney ETFEdgeCNBC I am in love !

ETFEdgeCNBC YoutubeSeo

FastMoney ETFEdgeCNBC Smartest manager out there...wish I had started following her sooner.

ETFEdgeCNBC Look how sneaky cnbc are: they want money to tell us what Cathy Woods bought this week, were in fact we can get the list from her free of charge... Strong advice, stop reading cnbc, they are behind the 8th ball at best!

FastMoney ETFEdgeCNBC I like morning coffee and reading CathieDWood analysis

FastMoney ETFEdgeCNBC 🔥🔥🔥

ETFEdgeCNBC Fundraising to support the Afghan people for the humanitarian efforts to raise charitable funds for poor families in Afg affected by the Coronavirus, poverty, hunger and war, please donate a small amount to humanity.Ppl in Afg sell their kidneys due to poverty in case of covid19.

ETFEdgeCNBC $mara is undervalued

ETFEdgeCNBC Very smart lady right here

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

ARK CEO Cathie Wood shares Chinese companies, innovations on her radarCathie Wood says she is watching 'very carefully' the innovations coming out of China. The ARK CEO lays out the 3 disruptive companies and 5 trends on her radar right now. 🙄
Source: BusinessInsider - 🏆 729. / 51 Read more »

Cathie Wood and her analysts break down top stocks in ARK space ETFCathie Wood and her analysts break down the multi-billion-dollar space opportunity — and explain why an infrastructure stock and ARK's 3D Printing ETF are among the top holdings in their Space Exploration and Innovation ETF good luck Holding $ARKX now but it's performance is not very good as hasn't been, $ARKK , $ARKG, or $ARKF. So I am hoping for a reversal in performance, but its not looking that way so far. One new company added to 6 ETFs, And shares added to many existing positions like SKILLZ (5M shares), Netflix, Coinbase among others
Source: BusinessInsider - 🏆 729. / 51 Read more »