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 nomination signals hawkish Fed expectations regarding monetary policy and market impact.
- Democrats' dominance is seen as detrimental to Bitcoin, while Peter Schiff criticizes its lack of real value.
- Trump pocketed over $1.4 billion in crypto profits while BlackRock's IBIT ETF lost over $212 million, amid Democratic opposition to the CLARITY Act.
- Trump's policies and investments, discussed at the White House, aim to establish the US as a crypto capital.
- Anthropic's valuation may surpass Bitcoin's market cap, while investor Jason Calacanis calls Bitcoin a dead network.