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Cathie Wood, the founder of asset management firm Ark Invest, warned investors Tuesday that most meme coins won't have high worth in the future and "fearsome declines" could be expected.
Cathie Wood said most meme coins "are not going to be worth very much." President Donald Trump's meme coin, $TRUMP, may become a digital collector's item, Wood said ...
In a sign of the growing desire to bet against Wood's fund, Tuttle Capital Management has filed for an inverse ARK ETF that will replicate the opposite of its performance. After a brutal start to ...
The $2.6 trillion crypto market is drowning in meme coins, and Cathie Wood says most of them will crash. The Ark Invest CEO said on Bloomberg Television that the flood of new tokens created by AI and ...
Cathie Wood, CEO of Ark Invest, isn’t a fan of meme coins like TRUMP coin. She’s known for backing cryptos with real utility, not just hype. But there’s one exception—Panshibi.
Ark Invest's Cathie Wood compared meme stocks to an extinct species Thursday during a conference. The superstar investor called the stocks — which include companies such as GameStop and AMC ...