Cathie Wood's Ark Invest seems to have adjusted its cryptocurrency portfolio amidst recent market fluctuations. Significant changes include consistently offloading
Coinbase shares during the Bitcoin crash, showing the fund's dynamic investment strategy. Notably, despite the sell-offs, ARK continued to accumulate cryptocurrency-related stocks, particularly Bullish, and other companies such as BitMine and Circle. As Bitcoin's value kept plummeting, ARK still managed to purchase vast amounts of crypto stocks, signaling the fund's resilience and commitment to the crypto sector.
Nevada's lawsuit against Coinbase and its potential impact on ARK's investments posed a considerable challenge. Despite this, ARK didn't hesitate to diversify its portfolio even when Bitcoin fell under $90,000. Cathie Wood proved her boldness by recommending four assets for portfolio diversification and predicting that Bitcoin could reach $300,000 to $1.5 million by 2030.
A notable highlight is ARK's considerable addition of Coinbase stock after a system upgrade announcement, shedding light on the fund's strategy and perception towards the cryptocurrency market. ARK completed the year by purchasing $72 million in Crypto Stocks as Bitcoin price fell, signaling a buy-the-dip strategy. As the New Year rolled in, ARK significantly increased its exposure to cryptocurrencies through Bullish, Bitmine, and others.
ARK Coin News Analytics from Thu, 24 Apr 2025 07:00:00 GMT to Sun, 08 Feb 2026 20:02:59 GMT -
Rating 5
- Innovation 7
- Information 8
- Rumor 6
