ARK Invest Has $2 BILLION in Tesla Stock, Suggests a $500K Bitcoin, and Loves Nintendo! (Ep 5)

Video Description

#Tesla (#TSLA), #ARK Invest's BIGGEST holding by a large margin, is now in two major indexes, the S&P 500 and the NASDAQ. Catalyst after catalyst is causing the price to skyrocket and #ARKInvest has over $2 BILLION in it, which is over 60% more than their next biggest position. What does this mean for how #CathieWood and ARKInvest manage their risks, since Tesla is the biggest holding in 3 of their 5 actively managed ETFs: #ARKK, #ARKQ, and ARKW? This past week, ARK Invest also suggested #bitcoin may rise to $500,000, sold the last of their Illumina ($ILMN) stock, as well as picked up much more #Nintendo ($NTDOY), in an otherwise relatively quiet week due to the Thanksgiving holiday. My video explaining Wright's Law, which is a useful reference for a lot of ARK Invest's analyst research (linked below): https://www.youtube.com/watch?v=FKt_yeRa7TI My deep dive into ARKQ, ARK Invest's ETF themed around the autonomous revolution: https://www.youtube.com/watch?v=tqMaH8U9c7g My #ARKG video explaining CRISPR gene-editing and the genomic revolution: https://www.youtube.com/watch?v=2dIHDOA8rRA ARK Invest's $7000 price target on Tesla: https://ark-invest.com/analyst-research/tesla-price-target/ Cathie Wood's comments on the possibility of Bitcoin reaching $500,000(!!!): https://www.barrons.com/articles/bitcoin-could-hit-500-000-according-to-ark-invests-catherine-wood-51605906264 Bitcoin white papers by Yassine Elmandjra (ARK Invest's #Blockchain and Cryptoassets analyst): https://ark-invest.com/white-papers/?sort=post_date%3Adesc&author_filter%5B%5D=2005 Debunking Common Bitcoin Myths by Yassine Elmandjra: https://ark-invest.com/articles/analyst-research/bitcoin-myths/ Dave Lee's interview with Yassine Elmandjra: https://www.youtube.com/watch?v=DLMJGs4yARw ARK Invest Newsletter 249, focusing on social video game trends and Square's and Paypal's closed-loop payments future: https://ark-invest.com/newsletters/issue-249/ Dumb Money (youtube channel featuring investors using social signals) video analyzing adoption rates of Square's Cash App vs PayPal's Venmo: https://www.youtube.com/watch?v=Awv58lwU-fk Cathie Wood explaining ARK Invest's change in sentiment toward Illumina (ILMN): https://youtu.be/9uzeN2NslAk?t=919 The funds discussed in this video are: ARK Invest Innovation ETF (ARKK) - https://ark-funds.com/arkk ARK Invest Autonomous Technology & Robotics ETF (ARKQ) - https://ark-funds.com/arkq ARK Invest Next Generation Internet ETF (ARKW) - https://ark-funds.com/arkw ARK Invest Genomic Revolution ETF (ARKG) - https://ark-funds.com/arkg ARK Invest Fintech Innovation ETF (ARKF) - https://ark-funds.com/fintech-etf Timestamps for this mARKet Recap: 00:00 Introduction 01:37 ARK's Has $2B in TSLA 05:56 ARK's Exponential Future 09:16 Bitcoin to $500,000 11:34 Nintendo & Social Gaming 12:13 Market Signals & Context 14:48 ARK's Weekly Trades I am not a financial advisor or affiliated with ARK Invest in any way. Thanks for watching!