In a new Bloomberg podcast, Ark Invest CEO Cathie Wood explained her case for why Bitcoin beats gold as a 10-year safety investment. Bitcoin bull Cathie Wood believes gold's time has come and gone.
And while Wood’s star power has dimmed, her funds still have believers. Eric Lovgren, a 50-year-old consultant in the Milwaukee area, first invested in ARK funds about a year ago, enticed by the ...
Not all investors are persuaded by Wood's confidence. Over the past year, Ark Innovation ETF saw a net outflow of $3.2 billion, with $219 million exiting the fund in the past week, according to ...