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Cathie Wood crypto stocks hold firm in ARKK downturn

Cathie Wood crypto stocks hold firm in ARKK downturn

Cathie Wood has rarely blinked during market downturns, and the latest equity selloff is proving no different. Even as roughly $3 trillion has been erased from the S&P 500 since its June 2 peak, Cathie Wood crypto stocks remain a key part of Ark Invest’s strategy. Her ARK Innovation ETF is holding firm in digital finance names, a sign that the firm is still betting these companies can outlast the turbulence.

The move is deliberate. Ark Invest’s flagship ARKK ETF continues to carry meaningful exposure to cryptocurrency and digital finance companies at a moment when most investors are trimming risk. In practice, that means the fund is sticking with long-term conviction rather than short-term sentiment, and right now that conviction…

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