Cathie Wood shifts ARK Invest toward crypto and innovation as Mag 6 outlook moderates into 2025

ARK Invest CEO Cathie Wood is reshaping the firm's portfolio toward disruptive innovation and cryptocurrencies, expecting these companies to compound at 40–50% annually versus 15–20% for the "Mag 6" tech giants. In a recent interview, she cited ARK's historical outperformance during 2017–2018 rate hikes, reiterated that innovation could dominate global equity value by 2030, and highlighted fresh allocations into Bitcoin, Ethereum, Solana and Chinese stocks like Baidu and WeRide. Wood also noted the impact of October's crypto flash crash and MSCI's review of digital asset treasury firms on market sentiment while emphasizing the operational flexibility of ARK's ETF structure.