Cathie Wood's Ark Invest Buys Coinbase Amid Market Drop

Cathie Wood bought $COIN. Big move. Market wobbled. Asia down. Dow, too. Even $BTC felt it. Wood stayed put.

TL;DR
- Ark Invest bought $13.3M of Coinbase stock during a market dip, showing faith.
- They trimmed $BTC ETF holdings while betting on Coinbase, a curious balance.

She snagged 84,514 shares. Split 'em. ARKW got most. ARKF, some too. Coinbase is now a big chunk of both. Serious money. Even for a risk-taker.

Bitcoin dipped. Fast. Then bounced. Volatility, folks. Don't forget it. Market overreacted. Usual story. Coinbase closed down, then up. A small win. The market? A moody kid. Ark's ready.

Shanghai tanked. Nikkei, too. Nasdaq barely moved. Cautious day. Nerves tested. Wood? Still buying. Believes in Coinbase long-term? Maybe. Or just a good deal. Who knows? ๐Ÿค”

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What do you think of Ark Invest's move? ๐Ÿค”