What Is She Betting On?
Key Takeaways
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Cathie Wood’s Ark Invest expanded its crypto exposure with over $20 million in purchases during the recent market slump.
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Block, Circle and Coinbase have each fallen between 20% and 50% over the past month.
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The firm recently boosted its Ethereum-linked holdings.
Cathie Wood’s Ark Invest ramped up its exposure to crypto-linked equities on Tuesday, scooping up more than $20 million worth of stocks tied to the digital-asset sector despite a sharp downturn across the market.
The purchases, disclosed in the firm’s latest trade filing, show Ark adding positions in Block Inc., Circle Internet Group and Coinbase across several of its…
