
Besides this, ARK projects a high of up to $2.4 million for Bitcoin's price by 2030. ARK also showed interest in emerging cryptos like Solana, adding it to their ETF offerings. Simultaneously, Cathie Wood expressed skepticism about meme coins, stating most will end up ‘worthless’.
While most of the market tanked, ARK exploited the situation by buying the ‘dip’, purchasing Coinbase shares along with other promising investments like HOOD, TSLA, COIN, PLTR. Despite the overall bearish market, ARK Invest remains bullish about Bitcoin's future, predicting it could reach $1.5 million as adoption surges. However, they did adjust their holdings during the market drawdown, indicating strategic adaptability.
ARK Coin News Analytics from Wed, 09 Oct 2024 07:00:00 GMT to Tue, 24 Jun 2025 21:35:13 GMT - Rating 8 - Innovation 6 - Information 9 - Rumor -3