Cathie Wood’s Ark Invest renewed its bullish stance on cryptocurrency-related stocks, adding positions in Circle, Coinbase, and Bullish across several of its exchange-traded funds.
The largest purchases came through the ARK Innovation ETF, which added roughly 57,600 shares of Circle, 50,000 shares of Coinbase, and more than 42,000 shares of Bullish. Ark also increased its stake in Robinhood, another company benefiting from growing crypto trading activity.
The buying spree marked a notable shift in strategy after Ark had recently reduced exposure to several crypto-related investments. Just weeks earlier, the firm had trimmed positions in certain digital-asset companies while avoiding new crypto purchases.
Ark’s renewed interest reflects growing confidence in the digital asset sector as stablecoins, crypto exchanges, and trading platforms continue to attract investor attention. Coinbase remains one of the fund’s largest holdings, highlighting Ark’s long-term conviction in the cryptocurrency ecosystem.
Beyond crypto, Ark also added shares of companies such as Recursion Pharmaceuticals, Palantir, and SpaceX while reducing positions in Alibaba and Roku.
The latest purchases suggest that Cathie Wood continues to see significant growth opportunities in digital assets and related businesses, despite ongoing market volatility and changing investor sentiment.
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