Ark Invest, led by Cathie Wood, sold a chunk of its Robinhood shares. The sales come after the company posted strong earnings for the fourth quarter. Robinhood Markets saw its stock surge nearly 14% in early trading on Thursday,

Cathie Wood predicts Bitcoin could soar to $1.5 million, citing growing institutional adoption and the expanding role of digital assets.

Pizzo said the ARK Digital Asset Innovation Fund plans to raise $50 million, with a hard cap at $100 million when it closes. The fund is the first of its kind for Ark, which is legendary on Wall Street for its actively managed exchange-traded funds.

It could get a whole lot harder to beat Cathie Wood’s Ark Invest line of funds moving forward as artificial intelligence (AI) and other emerging technologies come into their own. Undoubtedly, it can be rather tricky to bet on disruptive innovators since it’s not just the incumbents these firms seek to disrupt that need to

ARK Invest predicts Bitcoin could reach $1.5 million by 2030 in its bull case, with a worst-case scenario of $300,000.

But the really incredible news involves Bitcoin (CRYPTO: BTC). As Cathie Wood of Ark Invest points out in the report, Bitcoin is still on track to hit a price target of $1.5 million by 2030. If she's right, investing in Bitcoin now could be one of the best possible moves you could make for your crypto portfolio.