- ARK Invest enters 2026 with a $21 million crypto purchase.
- Cathie Wood advocates for long-term Bitcoin growth.
- Market response focuses on crypto infrastructure stocks.
Cathie Wood’s ARK Invest initiated 2026’s first crypto trades, purchasing shares in Coinbase, Circle, and Bullish on January 23 amid a market decline, totaling over $21 million.
These transactions highlight ARK’s ongoing crypto commitment, affecting infrastructure stocks during a downturn while maintaining a bullish view on Bitcoin’s long-term value.
Cathie Wood’s ARK Invest made its first crypto trades of 2026 on January 23. The investment included significant purchases in Coinbase, Circle, and Bullish amid the crypto market’s downturn.
Directed by Cathie Wood, CEO of ARK Invest, the purchases through ETFs like ARKK and ARKF reflect a strategy supportive of crypto’s future. No direct statements from ARK were offered on these trades.
The purchases total over $21 million in crypto-related equities with primary investments in Coinbase. Market implications suggest confidence in crypto exchange platforms despite current market volatility.
These trades involve significant financial assets, suggesting investor optimism in long-term market recovery. ARK’s historical trend indicates consistent support for crypto, emphasizing Bitcoin’s potential growth to key stakeholders.
Historical trends show ARK’s past willingness to buy the dip in crypto markets. This strategy is maintained as ARK projects a bullish future for Bitcoin, anticipating a price surge by 2030. Cathie Wood, CEO and CIO of ARK Invest, noted, “We’re pretty well through the down cycle here, and we may test in this $80,000 to $90,000 range on bitcoin, but we do think that the test will be successful.”
Potential regulatory changes remain unclear, yet ARK focuses on market infrastructure. With a projected $28 trillion market by 2030, this move underscores anticipation of substantial economic shifts in the crypto sector.
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