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Cathie Wood Loads Up On Coinbase, Circle, Robinhood As Crypto Market Gripped By 'Extreme Fear' Amid Bitcoin Crash - Coinbase Global (NASDAQ:COIN)

Summary by Benzinga
On Tuesday, Cathie Wood-led Ark Invest executed significant trades, including purchases of Circle Internet Group Inc. (NYSE:CRCL), Coinbase Global Inc. (NASDAQ:COIN), Robinhood Markets Inc. (NASDAQ:HOOD), ARK 21Shares Bitcoin ETF (BATS:ARKB), and Bitmine Immersion Technologies Inc. (NYSE:BMNR). These trades occurred as the cryptocurrency market faced extreme volatility, with major cryptocurrencies like Bitcoin experiencing notable declines. Lead…

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ARK Invest, led by Cathie Wood, seized the opportunity presented by the market downturn caused by Bitcoin's price falling below $75,000 and purchased approximately $72 million worth of crypto-focused stocks. This was part of the cryptocurrency market downturn... Cathie Wood Seeks Opportunity in Bitcoin Downturn: Purchases $72 Million...

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Cathie Wood spent $72 million on a handful of cryptocurrency shares amid the volatility that sank Bitcoin below $75,000 over the weekend. He bought Bullish, Bitmine, Circle, Coinbase and others. *** Cathie Wood spent $72 million on a handful of cryptocurrency shares. Amid the volatility, Ark Invest opts to invest millions in Bullish, Circle, Coinbase, Bitmine and others. The purchases reflect his focus: increasing exposure in moments of weakness…

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TokenPost broke the news in on Monday, February 2, 2026.
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