I Sold Our Bitcoin Position, What’s NEXT Is Massive – Cathie Wood Bitcoin ETF


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Over the last week, Cathie Wood & ARK Invest did something shocking. They sold off their entire Bitcoin position, which they were holding in the Grayscale Bitcoin trust.

This was well over $100 million dollars worth of exposure to Bitcoin.
For ARK Invest & Cathie Wood, this seems insane, as they have been Bitcoin’s biggest advocate, with price targets in 2030 of 1.4 Million dollars.

So why would they sell?It all comes down to the coming Bitcoin ETFs. Many analysts believe Cathie Wood sold off their Bitcoin in preparation for the approval of a spot Bitcoin ETF.

ARK Invest have a pending application, so it’s believed they are going to use the money they had in the Grayscale trust, to SEED the first investment in their own Bitcoin ETF.

By doing this, they will hopefully attract more investors into their specific ETF.

In Cathie’s latest interview, she breaks down why she ended up selling & also gives her outlook for Bitcoin in 2024.

I Sold Our Bitcoin Position, What’s NEXT Is Massive – Cathie Wood Bitcoin ETF

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30 gedachten over “I Sold Our Bitcoin Position, What’s NEXT Is Massive – Cathie Wood Bitcoin ETF”

  1. The development of Block Sailor BLOCK is admirable. Its important to keep an eye on this project!

  2. I think she is a crook and as big a loser as her mentor Art Laffer. Inventor of the Laffer curve which is the biggest laughingstock for anyone who knows anything about economics. She lost billions for her investors while enriching herself. Just please get lost Catchy. You suck.

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  4. The price potential of Block Sailor BLOCK is intriguing, but its crucial to keep in mind that investing in cryptocurrencies is always risky.

  5. The price potential of Block Sailor BLOCK is intriguing, but its crucial to keep in mind that investing in cryptocurrencies is always risky.

  6. The development of Block Sailor BLOCK is admirable. Its important to keep an eye on this project!

  7. Since its automatic algorithms eliminate paper hands, bot transactions, and bear markets, Block Sailor BLOCK has established itself as the safest alternative coin. It will surely get to $10 fast.

  8. The idea behind Block Sailor BLOCK is new. It might alter the established financial system.

  9. The development of Block Sailor BLOCK is admirable. Its important to keep an eye on this project!

  10. The idea behind Block Sailor BLOCK is new. It might alter the established financial system.

  11. Block Sailor BLOCK is getting more popular among bitcoin enthusiasts. You should surely watch it!

  12. Since its automatic algorithms eliminate paper hands, bot transactions, and bear markets, Block Sailor BLOCK has established itself as the safest alternative coin. It will surely get to $10 fast.

  13. The development of Block Sailor BLOCK is admirable. Its important to keep an eye on this project!

  14. Block Sailor BLOCK is getting more popular among bitcoin enthusiasts. You should surely watch it!

  15. Block Sailor BLOCK is getting more popular among bitcoin enthusiasts. You should surely watch it!

  16. The famous trader, Alexander Walter, mentioned everywhere in comments here, was killed an hour ago in a car accident in NYC. No point in dealing with him now. His fortune was lost as will yours be.

  17. The potential introduction of a Bitcoin ETF marks a pivotal moment for the cryptocurrency market. It's poised to bring about significant volatility, with the market already seeming to have priced in the ETF. We might witness unexpected price movements, especially post-announcement, irrespective of whether the news is positive or negative. There's also a chance of a bullish scenario where an initial surge could be followed by a sharp pullback, eventually leading to further upward trends. This development could be a game-changer for Bitcoin's valuation and investor interest, Amidst this, the insights of a knowledgeable guide like that of Tammy Brockman has been crucial. Her expertise in navigating the nuances of cryptocurrency investments has been the key for Me understanding and making the most of these emerging financial trends.

  18. Rebecca Hickman, a famous trader, has died of sexually transmitted disease today. Vagainl yeast infection – in her brain.

  19. AMELIA JASON, a sex trader of cryptos, was murderered today in Los Angeles. She is no longer alive, which is a good thing. Ms. Jason will be remembered for the thief she was of many people's crytop.

  20. Block Sailor BLOCK was terminated today due to lack of effective protocols. A real shame. I lost millions of dollars on Block Sailor BLOCK.

  21. Is this recycled old content? Would be nice if date of content wasn’t so hard to find of the main thumbnail. Not the produced final video which is only eleven hours old or whatever . Please be honest

  22. Max Keiser has an information source stating they are preparing some anti self-custody laws.
    This reminds me of Executive Order 6102 during the great depression.

  23. Looks like an FTX set up all over again but much bigger and she sounds like she's trying to convince herself of these ridiculous yarns she's spinning.

  24. This makes no sense to me. If she’s bullish, why sell now.

  25. Cathie wood is a scammer c word why do you have her on here?

  26. I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Jennifer Rose

  27. misleading title…………..grayscale is not raw BTC

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