Cathie Wood loads up on favorite crypto stocks as markets slide
With her latest purchase, veteran investor Cathie Wood has demonstrated her preference for three leading crypto stocks. And it comes at an opportune time, given that all three bled on the day of the purchase as part of the broader tech sell-off in the market.
Leading trading exchanges that offer crypto trading, such as Coinbase (Nasdaq: COIN) and Robinhood (Nasdaq: HOOD), are already part of her portfolio.
Related: Cathie Wood buys $30M of sinking crypto stock
As the market is going through a downturn, Wood is treading carefully. Recently, she backtracked from her Bitcoin (BTC) price prediction of $1.5 million, trimming it down to $1.2 million. Her recent accumulation of sinking crypto stocks shows her remarkable…
