Cathie Wood believes Bitcoin is set to go sky high, her views are discussed regarding Trump, and her firm holds Amazon.
1 report, 1 independent
Updated Aug 5
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What happened
Cathie Wood believes Bitcoin is set to go sky high, her views are discussed regarding Trump, and her firm holds Amazon.
Who's involved
What this event is mainly aboutKeep exploring
Part of
Developments on July 4, 2025, included reports of Trump's tariff policy causing Bitcoin price drops, Cathie Wood's advocacy for BTC, and specific corporate holdings/partnerships involving Circle, Coinbase, and Kraken.Also in this story
- Trump's investment activity tracked Bitcoin's market recovery, alongside aggressive allocation to digital asset proxies.
- Circle and Coinbase stock declined amid market sell-off as ethics concerns regarding Donald Trump's profits impacted a bill.
- Cathie Wood's Ark Innovation Fund and Bitcoin both saw gains of over 20% in August 2026.
- Punitive tax regimes are hindering entrepreneurial growth in the crypto movement, which is becoming tied to the political establishment.
The entities involved
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Cathie Wood
American investor and businesswoman; CEO of Ark Invest
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Bitcoin
digital cash system and associated currency
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Elon Musk
businessman and entrepreneur (born 1971)
Related events
- Trump's tariffs and the FED's interest rate delay are negatively impacting the value of Bitcoin.
- Trump announced a strategic Bitcoin reserve, while Strategy was noted to hold a large amount of Bitcoin, and Tesla held it on its balance sheet.
- Market trends show a shift from Bitcoin's obsession with Silicon Valley to AI, with Baird analysts commenting on the market while Trump's re-election influences sentiment.
- Market sell-off hits cryptocurrencies as Trump's election sparks enthusiasm while geopolitical tensions in the Middle East weigh on global sentiment.
- Brian Kelly is bullish on Bitcoin's future while Simpson expresses doubts about its long-term viability.