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ARK Invest CEO Cathie Wood Says Firm Faced Mockery After Buying Bitcoin in 2015

Speaking on The Rollup podcast on April 28, 2026, Cathie Wood said ARK Invest was criticized when it first took a Bitcoin position in 2015.

BTC

Summary

Cathie Wood, chief executive officer and chief investment officer of ARK Invest, said the firm faced ridicule after making its first Bitcoin investment in 2015. In remarks shared on April 28, 2026, during The Rollup podcast, Wood described the reaction ARK encountered in the early stages of investing in digital assets. Her comments highlight how institutional attitudes toward Bitcoin have shifted over time, from skepticism in its earlier years to broader acceptance in mainstream finance.

Terms & Concepts
  • Bitcoin: A decentralized digital asset that operates on a blockchain (shared digital ledger) without control by a central authority.
  • Blockchain: A distributed database that records transactions across a network, making records transparent and difficult to alter.
  • Digital assets: Digitally native assets, including cryptocurrencies, that are issued, transferred, and stored using blockchain-based systems.