Golden opportunity for Cathie. While the cryptocurrency market has difficult days, with Bitcoin (BTC) even fall Below $ 70,000Founder of ARK Invest funds, Wood CathieI saw there Golden. Really, despite a drop in stocks CORNER Crypto-Bourdes Corner baseits investment funds purchased for 11.5 million dollars de the same actions as the action of the broker Robinhood.
- Cathie Wood has taken on what it should consider as a golden opportunity and bought $ 11.5 million in Coinbase corner stocks.
- ARK Invest has accepted the leveling strategy, while Coinbase shares represent 7.1% of the ARKK ETF and 7.7% of the Arkf fund, while betting on long -term recovery in the cryptocurrency market.
Wood Cathie continues to buy Coinbase corner events
According to the investment data that The Block commented on the group Ark Invest recently acquired 64 358 Action of Coins platforms to exchange cryptocurrency Corner base.
These purchases, a total $ 11.5 millionwere more precisely distributed between funds on the stock market (ETF) Ark Innovation (Arkk) A ARK FINTECH INNOVATION (Arkf). 52 753 corner shares were therefore on the Arkk ETF (value of $ 9.4 million) and $ 11,605 shares were purchased for Arkf ETF ($ 2.1 million).
These acquisitions are part of a series of recent purchases Coins shares initiated at the end of February 2025 and which bear the investment of Ark Invest a total of $ 28.2 million Action Brian Armstrong Crypto-Bours over three weeks.
Ark Invest continues its strategy for balance of these investment funds
Wood Cathie’s strategy is diversify within his funds. Also, there is no asset to exceed the part 10% Global portfolio.
Now they represent Coinbase actions 7.1% ARKK ETF, a little more $ 375 millionand they make up 7.7% Arkf fund, approximately 65.7 million USD.
Despite the fall in Coinbase actions, Cathie Wood confident in long -term potential Brian Armstrong. In addition to Coinbase, Ark Invest also has Bought 269 864 shares of HOOD broker RobinhoodFor $ 9.6 million.
While the cryptocurrency market passes through a period of turbulence, Cathie Wood and Ark Invest continue bet on long -term recovery. With strategic investments in Coinbase and Robinhood that have Both due to the dry stop of his accusation against themCathie Wood again shows his trust In the cryptocurrency sector, even in the face of a large market correction.