Why Cathie Wood's Ark Invest is launching a bitcoin ETF: CNBC After Hours



CNBC.com’s Pippa Stevens brings you the day’s top business news headlines. On today’s show, CNBC’s Kate Rooney explains why highly-watched fund Ark Invest is interested in launching a bitcoin ETF, even as bitcoin goes mainstream. Plus, Chinese Uber rival Didi Chuxing looks poised to raise $4 billion when it goes public on the NYSE on Wednesday.

00:00 – CNBC After Hours, June 29, 2021
0:27 – Stocks finish mostly flat
1:08 – Ark Invest files for bitcoin ETF
3:50 – CNBC Sound Check
5:33 – Numbers Round

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30 thoughts on “Why Cathie Wood's Ark Invest is launching a bitcoin ETF: CNBC After Hours

  • January 26, 2022 at 11:10 pm
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    You wanna know why? Because there's a sucker born every minute, and that's Woods' base.
    BTW, CNBC, dummies who buy bitcoin aren't "investors", and it's not a "currency". If you're going to pretend to be a business channel, learn your words.

    Reply
  • January 26, 2022 at 11:10 pm
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    <<Amazing content, From a technical standpoint, the biggest challenges investors face can range from controlling the impulsiveness to the frailty of compulsion Most newbies and investors often undermine and neglect the importance of technical analysis to trading Technical analysis overly predicts the movement of asset prices regardless of what is happening in the broad market. In essence, the process involves studying the paths of a particular asset movement in the past to create a sustainable pattern that can be used to predict the future movement of the asset. It takes a lot of time to do this Why do I find expert opinion in retail, has always been a guide to me and I've enjoyed the signaling service of some with some losses until I've started copying trade notifications from Mr. Kelvin Anderson to trades in these past 6 weeks and I've seen differences in my portfolio. I started with 2 BTC and I have accumulated over 14.btc He is an expert trader with a high trading accuracy. he can be reached on INSTAGRAM. (Kelvin1uptrades)..

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  • January 26, 2022 at 11:10 pm
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    as we can see, wood is clueless about oil, bank stocks, etc. She needs to listen to the greatest investors for the past 60 years: Buffett and Munger. Her income comes from going on clueless US MSM and promoting herself. Very dangerous as we can see.

    Reply
  • January 26, 2022 at 11:10 pm
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    Vaccination is only a basic human right,the people of Taiwan urgently need it,please WE NEED HELP

    Reply
  • January 26, 2022 at 11:10 pm
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  • January 26, 2022 at 11:10 pm
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    Hello, I'm new to Biticon trade and I've been making losses but recently I see a lot of people earning from it. Please can someone tell me what I'm doing wrong

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  • January 26, 2022 at 11:10 pm
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    <I must say. Bitcoin’s price action has been fluctuating throughout the past few days and weeks, with bulls and bears both reaching a clear impasse, the aggregated cryptocurrency market has been following in Btcoin’s lead and is struggling to garner any decisive momentum. One analyst is now noting that BTC has been holding above a key macro level throughout the past few months. He believes that the recent consolidation above this level bodes well for its near-term outlook and could indicate that significantly further upside is imminent in the weeks and months ahead. Tips like this are why it’s advisable for investors and newbies to trade with the help of pro traders like mr Chen lawrence. He is always one step ahead of other traders, he fully monitored all my trades to avoid me making mistakes and losing my money. My earnings have increased drastically from 1.01 BTC to 9.700 BTC in just 4 weeks using his strategy. You can easily get hold of him for a profitable system on TE LE GRAM (@ chentrading1

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  • January 26, 2022 at 11:10 pm
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    Reply
  • January 26, 2022 at 11:10 pm
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  • January 26, 2022 at 11:10 pm
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    I HAVE BEEN MAKING LOSSES TRADING MYSELF…I THOUGHT TRADING ON DEMO ACCOUNT IS JUST LIKE TRADING THE REAL MARKET… CAN ANYONE HELP ME OUT OR AT LEAST ADVICE ME ON WHAT TO DO?

    Reply
  • January 26, 2022 at 11:10 pm
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    Bitcoins' fabricated legitimacy comes from being the least ugly girl at the party–a scam created to exploit fiat excesses using a bogus archetype of Gold. Who wants to wager how much of the crypto market value is redirected stimulus money?  Way to go, Uncle Sam

    Reply
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  • January 26, 2022 at 11:10 pm
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  • January 26, 2022 at 11:10 pm
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  • January 26, 2022 at 11:10 pm
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    because Kathy will earn massive ETF fees off the hype in BTC

    Reply
  • January 26, 2022 at 11:10 pm
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    Reply
  • January 26, 2022 at 11:10 pm
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  • January 26, 2022 at 11:10 pm
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    Despite its volatility, Polk:adot did not breach its 12-day long resistance and support levels. While the altcoin has been testing the $17 and $14 levels, it did not manage to break past either of them. The Simple Moving Averages lines were in different positions. While the 50 SMA line was in support earlier, it could be seen switching to resistance. The 100 SMA line was already bearish. The Squeeze Momentum Indicator highlighted bullish pressure receding on the 4-hour chart due to the appearance of positive bars. The indicator was in an active squeeze . Capital outflows were starting to become dominant, according to the Chaikin Money Flow, with the indicator likely to head below zero soon. D'O'T can fall even more, but it should consolidate within the aforementioned levels. I was able to grasp the knowledge of tradlng crypt0 assets early enough, but i was still limited due to my lack of technical understanding of how to analyse the digital market, all that changed when i encountered Bryant Miller services, although i have been into numerous services but Mr Bryant Miller stands out with experience and expertise playing in his favour. I must confess it wasn't an easy task to learning the routes on tradlng but with the assistance of Bryant, it was more easier to understand. Bryant is also an expert trader and f!nance journalist and you can find his courses on tradlng on the internet for free and they come in handy as an !nvestor and he can be reached on gmαil ( bryantmillertrade@gmailcom) OR Եҽlҽցɾαต (@bryantmillertrade ) for his assistance on strictly crypt0 related concerns.

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  • January 26, 2022 at 11:10 pm
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  • January 26, 2022 at 11:10 pm
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    Bitcoin is exciting because it showvs
    how cheap it can be. Bitcoin is better
    than currency in to that you don't have
    to be physically in the same place
    and of course,for large transactions,
    currency can get pretty
    Inconvenient.

    Reply
  • January 26, 2022 at 11:10 pm
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    Billionaires are trying to get as much $BTC as they can. And I'm trying to stack enough $AWC as my retirement coin

    Reply

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