
After the brutal 2022-23 drawdown, ARK's flagship ETF rebounded in 2025 on conviction calls in Tesla, Coinbase, and Palantir — Wood remains the defining figure of independent active ETF management.
Cathie Wood founded ARK Invest in 2014 to bring high-conviction thematic investing to ETFs, riding tech stocks to outsized returns through 2020 and then through the 2022-23 drawdown that tested her followers.
ARKK rebounded in 2025 on Tesla, Coinbase, and Palantir, vindicating the long-duration framework.

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