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Investor Cathie Wood Bought The Dip In Crypto Stocks

Investor Cathie Wood Bought The Dip In Crypto Stocks

Closely followed investor Cathie Wood bought the dip in several crypto stocks during June. 

Through her Ark Invest asset management firm, Wood bought more than $75 million U.S. worth of beaten down crypto stocks during June.  

Specifically, Wood bought $44 million U.S. worth of stock in cryptocurrency exchange Coinbase Global (NASDAQ: $COIN). 

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She also purchased $25.25 million U.S. of equity in Circle Internet Group (NYSE: $CRCL), issuer of the world’s second-largest USD stablecoin (CRYPTO: $USDC).

Wood also bought $8.2 million U.S. worth of shares in cryptocurrency exchange Bullish (NYSE: $BLSH), according to regulatory disclosures.

Wood…

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