Photo by PATRICK T. FALLON/AFP via Getty Images Ark Invest is forecasting ether will hit a $20 trillion market cap by 2030. At that target, ether would be priced around $170,000-$180,000 per coin. Ark Invest also predicting the price of a single bitcoin could reach $1 million by 2030. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Even as crypto markets face turbulence, Cathie Wood's Ark Invest is making a bullish call on the price of ether in a new report this week.

BING NEWS:
  • Cathie Wood's Ark Buys More Of Its In-House Spot Bitcoin ETF Ahead Of Halving, Pauses Tesla Buying
    On Friday, Cathie Wood’s Ark Invest did a pair trade in cryptocurrency ... bought 41,068 units of ProShares Ether Strategy ETF (NYSE:EETH) valued at $2.81 million. This was in addition to ...
    04/20/2024 - 9:44 pm | View Link
  • Tesla’s stock keeps getting cheaper — and Cathie Wood’s ETFs keep buying it
    The continued selloff in shares of Tesla Inc. to 15-month lows hasn’t deterred Cathie Wood’s ARK Invest from buying. Read: Tesla Cybertruck recall: How owners can fix the potential safety problem.
    04/19/2024 - 8:20 am | View Link
  • Tracking Cathie Wood's ARK Invest 13F Portfolio
    ARK Invest's 13F portfolio value decreased by 15% this quarter, with the number of holdings increasing from 223 to 230. The top three holdings in the portfolio are Coinbase Global, Tesla ...
    04/18/2024 - 9:54 pm | View Link
  • Cathie Wood's Ark Invest Sells $20M+ Coinbase Shares As Bitcoin Trades Over $70K, Buys Palantir, Sells Nvidia Stock
    Ark Invest also sold shares of Nvidia, a leading player in the AI industry. This decision was made despite the market’s continued outperformance expectations for the stock. The value of the NVDA ...
    04/11/2024 - 11:54 am | View Link
  • Cathie Wood's Ark Invest Sheds $6.4M Worth Of Coinbase Shares Despite Positive Market Movements, Analyst Upgrade
    On Thursday, Cathie Wood-led Ark Invest made a significant move by selling shares of Coinbase Global Inc (NASDAQ:COIN), despite the stock’s positive market performance on the same day.
    04/4/2024 - 5:18 pm | View Link
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