Ark Invest's $30M Crypto Gamble: A Bold Move?

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Thursdays

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Cathie Wood's Ark Invest just made a $30M crypto power play, ditching some Robinhood stock after its massive surge and doubling down on BitMine and Bullish, two crypto giants backed by Tom Lee and Peter Thiel. Is this a sign institutions see Ethereum as the future, or a risky bet that crypto stocks will outpace the coins themselves? Find out how Ark is betting big on crypto's next wave. Hosted on Acast. See acast.com/privacy for more information.