What’s Ark Invest’s Game Plan in Today’s Crypto Market?
Ark Invest, under the helm of Cathie Wood, has been making waves by purchasing substantial shares in crypto-forward companies even as the market takes a nosedive. They’ve snapped up $13.5 million in Block, $7.6 million in Circle, and $3.86 million in Coinbase, all during a time of price decline. This “buying the dip” strategy showcases Ark’s unwavering long-term faith in the cryptocurrency realm, which they regard as a significant technological frontier.
By capitalizing on these dips, Ark Invest is betting on a future where crypto could yield considerable long-term returns, notwithstanding the notorious volatility that defines the market. This tactic not only positions Ark as a trailblazer in investment circles but also nudges other…
