Cathie Wood’s ARK Invest added nearly $15.2 million in Coinbase stock across three ETFs, reversing course days after offloading more than $39 million in shares ... .
In a notable strategic pivot, investment management firm Ark Invest executed a significant purchase of Coinbase GlobalInc ... Ark Invest’s Coinbase StockTransactionAnalysis... The ARKInnovationETF (ARKK) took the largest share.
Ark Invest CEO Cathie Wood argues that Bitcoin is not only a hedge against inflation, but also a hedge against rapid deflation caused by technological acceleration ... Her solution to this problem is none other than Bitcoin (BTC) ... financial system ... ....
Ark also bought $12 million worth of crypto-friendly investment platform Robinhood and $4 million worth of ether treasury firm Bitmine Immersion Technologies ... .
Cathie Wood’s ARK Invest bought nearly $50 million of Robinhood, Bullish and Circle shares as Bitcoin dipped and US spot BTCETFs saw $276 million in outflows ... .
Exponential tech will force down prices and stress legacy finance, for which bitcoin offers a trustless alternative, said Wood at Bitcoin InvestorWeek... .
During Bitcoin InvestorWeek in New York, Cathie Wood stated that the digital asset is the best hedge against the “deflationary chaos” sparked by artificial intelligence ...Source.https.//www.youtube.com/watch?v=viHdx8EOSg0. Disclaimer ... ....
In a significant move that captured market attention, Ark Investment ManagementLLC executed a substantial $16 million purchase of cryptocurrency-related equities on February 11, 2025, according to verified reporting from The Block.