Cathie Wood makes bold Bitcoin bet as ETF battle heats up
Among the veteran investors, nobody can point fingers at Cathie Wood for not taking enough risks. After all, her investment firm ARK Invest regular scoops up shares of major crypto companies.
Wood is very bullish on Bitcoin's future, predicting a $1.5 million price for the king coin.
Now, as the spot exchange-traded funds (ETFs) linked to Bitcoin have received an invigorated response in the wake of Federal Reserve Chair Jerome Powell's dovish comments on interest rate cuts, Wood didn't want to be left behind.
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Here is what happened.
After the crypto market crashed on the Oct. 10 weekend, spot Bitcoin ETFs saw an outflow of a massive $326.4 million when the market opened on Oct. 13. But Powell's hint at potential rate cuts invited an inflow of $102.7 million the next day.
The same day, Ark Invest filed with the Securities and Exchange Commission (SEC) to launch three Bitcoin ETFs .
Cathie Wood and Ark Invest filed multiple new Bitcoin ETFs today (October 14, 2025):
- ARK Bitcoin Yield ETF
- ARK DIET Bitcoin 1 ETFs (Q1–Q4)
- ARK DIET Bitcoin 2 ETFs (Q1–Q4)
All filings are preliminary prospectuses under the ARK ETF Trust pic.twitter.com/bpXszQg1z3
— Ark Invest Tracker (@ArkkDaily) October 15, 2025
A Bitcoin ETF is a type of investment fund that tracks the price of Bitcoin and is traded on traditional stock exchanges like any other stock.
Each of the proposed ETFs have different strategies aimed at a diversity of prospective investors.
The ARK Bitcoin Yield ETF aims to generate cash flows from BTC exposure. The ARK Defined Income Exposure & Target (DIET) Bitcoin ETFs aim to offer downside protection to investors.
ARK Invest already holds interests in several publicly traded crypto firms like:
Circle Internet Group (NYSE: CRCL), the stablecoin issuer
Coinbase Global (Nasdaq: COIN), the largest U.S. crypto exchange
Robinhood Markets (Nasdaq: HOOD), a leading exchange offering crypto assets and tokenized stocks
Bitmine Immersion Technologies (Nasdaq: BMNR), the leading Ethereum treasury firm
Block, Inc. (NYSE: XYZ), Jack Dorsey's Bitcoin-focused fintech firm
Bullish (NYSE: BLSH), a prominent crypto exchange
Crypto exchanges and instruments aren't the only holdings Wood has stakes in. Recently she took a plunge into the world of tokenization by acquiring a stake in Securitize.
This story was originally reported by TheStreet on Oct 15, 2025, where it first appeared in the Technology News section. Add TheStreet as a Preferred Source by clicking here.