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Top related persons:
bitcoin - 1 There's - 1 ARK's Wood - 1 21Shares - 1 Ophelia Snyder - 1 Fundstrat - 1
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SEC - 1 Service - 1 Securities and Exchange Commission - 1 Fidelity - 1 Investments - 1 Bloomberg - 1

Search resuls for: "ARK's Wood"


2 mentions found


☆ Cathie Wood's ARK and 21Shares plan America's first ether ETF as race to open spot bitcoin funds heats up
  + stars: | 2023-09-07 | by ( Zahra Tayeb | ) www.businessinsider.com   time to read: +2 min
Cathie Wood's Ark fund and 21Shares are planning America's first spot ether ETF. They filed an SEC application Wednesday as a race to create spot bitcoin ETFs gets underway. The ARK 21Shares ethereum ETF promises a safer way to trade the second-largest cryptocurrency. Many regard that decision as helping pave the way for spot bitcoin ETFs. ARK and 21Shares have also submitted an SEC application for a bitcoin spot ETF.
Persons: bitcoin, There's, ARK's Wood, 21Shares, Ophelia Snyder, Fundstrat Organizations: SEC, Service, Securities and Exchange Commission, Fidelity, Investments, Bloomberg Locations: Wall, Silicon, BlackRock
☆ Ark's Wood remains bullish on Tesla, says oil stock rally 'defying logic'
  + stars: | 2023-01-19 | by ( David Randall | ) www.reuters.com   time to read: +1 min
NEW YORK, Jan 19 (Reuters) - Star stock picker Cathie Wood of Ark Invest suggested the rally in energy stocks will soon end and reiterated her bullish view on electric vehicle maker Tesla Inc (TSLA.O) in a webinar on Thursday. Yet the rally energy stocks over the last six months despite the roughly 30% decline in the price of oil suggests that the market is now over-valuing value stocks, she said. Tesla, meanwhile, will continue to take market share as global oil demand falls by 30% or more over the next five years, Wood estimated. Wood's ARK Innovation fund fell 3.2% on Thursday while the benchmark S&P 500 fell nearly 0.8%. The fund fell nearly 67% in 2022, leaving it among the worst performing U.S. equity funds tracked by Morningstar.
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