Cathie Wood


Markets

Cathie Wood’s ARK Sells Grayscale Bitcoin Trust Holdings, Coinbase for Second Day

Cathie Wood’s fund is continuing to sell crypto-related stocks as the market hits a high not seen since early 2022.

Cathie Wood's Ark Invest has purchased more shares of Grayscale Bitcoin Trust. (Danny Nelson/CoinDesk)

Markets

Cathie Wood's ARK Invest Sells 2% of Grayscale Bitcoin Trust Holdings as BTC Rallies

The fund also sold about $3.3 million worth of Coinbase shares (COIN) and bought $2.4 million shares of Robinhood (HOOD).

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

Videos

FTX's Sam Bankman-Fried Wants a 'Temporary Release' From Jail; Is Bitcoin Becoming an Election Issue?

"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest stories in crypto today, including attorneys for Sam Bankman-Fried wanting to secure the FTX founder a "temporary release." Arkham Intelligence data shows trading platform Robinhood holds a significant amount in bitcoin (BTC) in a single wallet. And, Cathie Wood is speaking out on crypto's influence in the upcoming U.S. presidential elections.

Recent Videos

Videos

PayPal's Stablecoin Splash; Sam Bankman-Fried Still on the Hook for Campaign Finance-Related Charge

“CoinDesk Daily” host Jennifer Sanasie dives into today’s hottest stories in crypto, including what stablecoin players think of fintech giant PayPal launching its own PYUSD token. Bitcoin bulls Cathie Wood and Mike Novogratz, both vocalized their optimism over a spot Bitcoin ETF approval in the U.S.. And, the Department of Justice still plans to argue that FTX founder Sam Bankman-Fried conducted an "illegal campaign finance" scheme when he goes to trial in October.

CoinDesk placeholder image

Markets

Cathie Wood and Mike Novogratz Are Both Bullish on Spot Bitcoin ETF Approvals

Wood expects the SEC to approve multiple funds all at once, and Novogratz says his sources say they see approvals coming in four to six months.

Graph superimposed over a markets monitor

Markets

Cathie Wood Says ARK Is ‘Taking Profits’ as It Sells $26M COIN

The sale comes a day after ARK sold $50.5 million of the crypto exchange’s stock.

Cathie Wood, Exponential Africa Show screenshot

Finance

Cathie Wood's ARK Sells Another $50.5M Coinbase Shares

The tech-focused investment manager owns over 10.5 million shares in Coinbase making it one of the largest holders of the stock.

Coinbase (COIN) reports fourth quarter earnings on Thursday and is expected to post strong numbers as trading volume picked up in the last few months of the year. (Piggybank/Unsplash)

Videos

U.S. CPI Falls to 3% in June; Coinbase Shares Near One-Year High

Coinbase’s (COIN) shares rose to a near one-year high after the exchange announced a surveillance-sharing agreement with five spot bitcoin (BTC) exchange-traded fund (ETF) applicants. "First Mover" hosts share their reaction as Cathie Wood’s ARK Invest sells $12 million worth of Coinbase’s stock. Separately, insights on the U.S. Consumer Price Index falling to 3% on a year-over-year basis in June.

CoinDesk placeholder image

Markets

Cathie Wood's ARK Sells $12M Coinbase Shares as COIN Nears Yearly High

ARK currently owns 11.03 million shares of Coinbase.

Cathie Wood, chief executive officer and chief investment officer, Ark Invest (Marco Bello/Getty Images)

Markets

Cathie Wood's ARK Buys $21.6M Coinbase Shares as SEC Suit Sends Stock Tumbling

The purchase took ARK Invest's total Coinbase holdings to 11.44 million shares.

Ark Invest's Cathie Woods (Danny Nelson/CoinDesk)

Pageof 11