Group 1: Cathie Wood and ARK Invest's Position on Crypto - Cathie Wood, CEO of ARK Invest, is a prominent figure in the digital assets space, with a bullish prediction that Bitcoin (BTC) will reach $1 million by 2030 [1] - ARK Invest has been actively trading shares of various crypto companies, although it has recently started offloading some of its crypto stock holdings [1] Group 2: Bullish Shares Transactions - ARK Invest sold 39,362 shares of Bullish on March 23, valued at approximately $1.55 million [3] - The firm also sold 103,379 shares of Bullish worth about $3.92 million on March 20 [3] - Bullish, a crypto trading exchange backed by Peter Thiel, has seen its stock rise nearly 30% over the last month but has lost nearly 60% of its value since its IPO [2] Group 3: Other Crypto Companies - ARK Invest is involved with several major crypto companies, including Coinbase Global, Robinhood Markets, and Bitmine Immersion Technologies [5] - Circle Internet Group, which issues the USDC stablecoin, has a market cap of $78.6 billion, representing around 25% of the total stablecoin market cap [6]
Cathie Wood sells Peter Thiel-backed crypto stock twice in a row
Yahoo Finance·2026-03-24 15:21