Cathie Wood Buys the Dip as Ark Invest Loads Up on Coinbase, BitMine and Circle Stock
Ark Invest, the investment firm of noted technology investor Cathie Wood, continues to buy the dip on crypto-related equities. The firm added shares of crypto exchange Coinbase (COIN), Ethereum treasury firm BitMine Immersion Technologies (BMNR), USDC stablecoin issuer Circle (CRCL), and other crypto-related stocks on Thursday amid the broader market selloff. The bulk of the share additions came in Ark’s Fintech Innovation ETF (ARKF), which now boasts nearly $58 million worth of COIN shares after it added ...