Cathie Wood Watch: Ark CEO Goes Gonzo for Coinbase

Celebrity money manager Cathie Wood has been speaking in support of cryptocurrencies for some time, predicting in January that bitcoin will reach $1 million by 2030.

She also continues to walk. As cryptocurrency conglomerate FTX melts into rubble, the CEO of Ark Investment Management has shares of Coinbase worldwide COIN like no one matters.

Coinbase is the country’s largest cryptocurrency exchange. The stock is trashed, down 82% so far as digital currency trading dries up amid the industry turmoil. Coinbase lost $544.6 million in the third quarter.

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