Cathie Wood Ups Stake in Crypto and Space Firms with $25.5M Buy

Coinbase led the firm’s latest activity, with ARK adding 68,366 shares valued at $10.19 million. The investment was distributed through the ARKK, ARKW, and ARKF funds. Following close behind, the firm secured 45,728 shares of SpaceX for approximately $7.01 million, while Circle Internet Group saw an influx of $5.79 million for 78,756 shares. Smaller, tactical additions rounded out the day, with Bullish capturing $1.34 million and Robinhood receiving $1.21 million in new capital.

These transactions build on a week of heavy buying following recent price dips in the crypto sector. ARK’s portfolio policy mandates that individual holdings remain under 10% of any single fund, forcing periodic rebalancing as market valuations shift. Despite widespread investor anxiety regarding Federal Reserve policy and potential rate hikes, Wood maintains a bullish stance on the economy. She points to unit labor cost data and real-time inflation gauges from Truflation—which indicate a significant cooling of price pressures—to justify her continued focus on high-growth assets.