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Cathie Wood's ARK buys over $70 million of crypto stocks as bitcoin slides
Market Intelligence Analysis
AI-Powered
Why This Matters
Cathie Wood's ARK investment fund has purchased over $70 million worth of cryptocurrency stocks, including CRCL, COIN, and BLSH, despite a decline in bitcoin prices. This move suggests that ARK is taking advantage of a market dip to invest in exchange and stablecoin names. The fund's confidence in these assets is evident in its significant purchases.
Market Impact
Market impact analysis based on bullish sentiment with 90% confidence.
Sentiment
Bullish
AI Confidence
90%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Fresh buys in CRCL, COIN, and BLSH come as Cathie Wood’s funds lean into exchange and stablecoin names during a market dip
Original article published by
CoinDesk
on February 3, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.