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ARK Invest CEO Cathie Wood: Our base case for bitcoin is $600,000, bull case $1.5 million by 2030On Wednesday, Cathie Wood-led Ark Invest made a significant move in the cryptocurrency space, purchasing over $92 million worth of ProShares. Dec 28 (Reuters) - Cathie Wood's ARK Invest bought million shares of ProShares Bitcoin Strategy ETF, which is popularly known as 'BITO'. Cathie Wood, ARK Invest unload $82 million worth of COIN stock in a multiday selling spree as Coinbase trades near highs.