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Cathie Wood increases stake in surging crypto ETF

Cathie Wood increases stake in surging crypto ETF

Cathie Wood is one of the most bullish investors when it comes to Bitcoin (BTC).

In fact, she was among the first investors to gain Bitcoin exposure, with ARK Invest being the first public asset manager to gain BTC exposure in 2015. She is also known for her bullish price target of $1.25 billion for the leading cryptocurrency.

However, ARK’s latest purchase indicates the veteran investor is as interested in other cryptocurrencies.

Related: Apple patches iPhone flaw used in ‘extremely sophisticated’ attacks, crypto wallets at risk

ARK buys more shares of 3iQ Solana Staking ETF

On Sep. 28, ARK Invest bought 8,579 shares of the 3iQ Solana Staking ETF (TSX: SOLQ).

The latest…

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