Cathie Wood’s Ark Invest isn’t backing down from its crypto and fintech bets. The firm just added more shares of Coinbase, Circle, Bullish, and Robinhood as their stock prices have dropped.
Wood has been vocal about her bullish outlook, and the purchases signal she sees long-term value where others are getting nervous. It’s a classic Ark move — double down when the market turns against you.
On the same day, Wood noted that inflation is heading down, pointing to rising productivity as a key disinflationary force. That macro view likely informs her conviction plays across the portfolio.
Ark has been steadily building positions in crypto infrastructure companies, and this latest round of buying suggests Wood believes the current downturn is temporary. Whether she’s right or not, Ark isn’t sitting on the sidelines.
