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Cathie Wood’s ARK Buys Coinbase, Circle and Bullish as Crypto Slides

ARK Invest increased positions in crypto-linked stocks during a sector downturn, with Coinbase identified as a major drag on Q4 ETF performance [1].

Jan 25, 20263:20 PMNewsroom AI

ARK Invest purchased shares of Coinbase, Circle and Bullish during a recent market downturn, adding exposure to crypto-linked equities as prices fell across the sector [1][2][4].

The fourth-quarter crypto pullback weighed on ARK’s ETFs, with Coinbase reported as the largest drag on overall performance in that period [1].

According to daily trade disclosures cited by reporting outlets, ARK increased its crypto-stock exposure while trimming some non-crypto technology holdings, a move described as a continued expression of conviction by CEO Cathie Wood amid sector weakness [4][2].

The trades indicate ARK’s strategy of buying into weakness in crypto-related companies, even as those names pressured ETF returns in the prior quarter [1][4].

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