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Benzinga
Benzinga
Business
Shivdeep Dhaliwal

Cathie Wood's Bold Coinbase Bet Grows Despite Bitcoin Volatility, Ark Amps Up Bet On Peter Thiel-Backed Bullish

Cathie Wood Doubles Down On Bitcoin ETF Amid Crypto Chaos, Drops $3.9M On This Amazon Rival

Cathie Wood‘s Ark Invest added to its position in Coinbase Global Inc (NASDAQ:COIN), Bullish (NYSE:BLSH), and Shopify Inc. (NASDAQ:SHOP) on Tuesday, leaning further into crypto-exposed names even as recent weakness in Bitcoin (CRYPTO: BTC) has pressured digital asset stocks and stirred valuation concerns around the leading U.S. crypto exchange.

The Coinbase Trade

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