Cathie Wood Loads Up On Coinbase, Circle, Robinhood As Crypto Market Gripped By 'Extreme Fear' Amid Bitcoin Crash - Coinbase Global (NASDAQ:COIN)
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8 Articles
Cathie Wood Loads Up On Coinbase, Circle, Robinhood As Crypto Market Gripped By 'Extreme Fear' Amid Bitcoin Crash - Coinbase Global (NASDAQ:COIN)
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…
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...
ARK Invest Buys $72.4M in Crypto Stocks During Bitcoin Pullback Stock Market ETHNews
ARK Invest, led by Cathie Wood, purchased approximately $72.4 million in crypto-related equities during a sharp Bitcoin pullback that briefly pushed prices below $75,000. The buying activity was spread across the firm’s flagship exchange-traded funds, ARK Innovation ETF (ARKK), ARK Next Generation Internet ETF (ARKW), and ARK Fintech Innovation ETF (ARKF), and focused on companies tied to crypto exchanges, brokerages, stablecoins, mining, and in…
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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