Cathie Wood's ARK buys $43.5M in crypto stocks — Coinbase and Circle — during market dip

ARK Invest, led by Cathie Wood, purchased $43.5 million worth of crypto-related stocks over the past three trading days, taking advantage of a market dip. The biggest buys were shares of Coinbase and Circle, which have fallen 17% and 27.6% respectively over the past month. The fund continues its strategy of buying crypto equities during market weakness.