As Bitcoin volatility spilled over into equities, Cathie Wood’s Ark Invest executed a precise $72 million allocation into crypto stocks.
The firm targeted a diverse portfolio during Monday’s decline: $32.7M for Robinhood (HOOD), $14.6M for CoreWeave (CRWV), $9.4M for Circle (CRCL), $6.3M for Bitmine (BMNR), $6.0M for Bullish (BLSH), $1.9M for Block (XYZ), and $1.3M for Coinbase (COIN) across its ARKF, ARKK, and ARKW funds.
This calculated deployment follows Ark’s established pattern of using broad crypto sell-offs as entry points, reinforcing a bet that current weakness is temporary.
