Cathie Wood is doing her favorite thing again: buying what everyone else is selling. ARK Invest poured roughly $43 million into crypto-exposed equities over just three trading days, with Coinbase and Circle representing the firm’s largest purchases during the stretch.

Both stocks have been bruised recently. Coinbase shares dropped about 17% over the past month, while Circle’s stock fell 27.6% in the same period.

What ARK actually bought

The purchases were spread across ARK’s flagship funds, including ARKK, ARKW, and ARKF, the firm’s innovation, next-generation internet, and fintech ETFs respectively.

In early June alone, ARK disclosed acquiring 30,763 shares of Coinbase (COIN) and 114,223 shares of Circle…