Helene is a New York-based reporter covering Wall Street, the rise of the spot bitcoin ETFs and crypto exchanges. She is also the co-host of CoinDesk's Markets Daily show. Helene is a graduate of New York University's business and economic reporting program and has appeared on CBS News, YahooFinance and Nasdaq TradeTalks. She holds BTC and ETH.
Wood, whose Ark Invest recently became one of the issuers of a spot bitcoin exchange-traded fund , ARKB, said the asset manager is focused on emerging markets and the macro environment worldwide, which has been “shocked” by the U.S. Federal Reserve’s increase in interest rates, she said during a fireside chat at the Friday Bitcoin Investor Day conference in New York.
Ark’s spot bitcoin ETF has become one of the more successful bitcoin ETFs among the ten funds issued in January. Wood said that with more institutions entering this space, mathematically speaking, bitcoin’s price could easily rise above $3.5 million. However, she wouldn’t give a new specific price target.
“Bitcoin has miles to go,” she said instead and pointed out to her previous call of $1.5 million price target.in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.
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