The $5.4 trillion inventory market meltdown didn’t scare off ARK Investment. True to kind, Cathie Woods threw one other $13 million at Coinbase, grabbing 83,000 shares whereas others ran for the exits.
It’s the identical contrarian play ARK is understood for, solely this time, the stakes really feel sharper.
I hope Cathie Woods turns bearish on Bitcoin!! pic.twitter.com/CCaxHEqwa8
— Crypto Chiefs (@cryptochiefss) March 30, 2025
Cathie Woods and ARK’s Wager on Coinbase Inventory
With Trump’s tariffs shaking the foundations, Coinbase shares took a 12% punch, however ARK smelled alternative. ARKK snapped up 55,000 shares, whereas ARKW and ARKF joined the raid.
Crypto wasn’t spared, with the CoinDesk 20 sliding 5.8%, however ARK’s conviction didn’t break on shopping for the dip. They’re all-in; betting volatility immediately builds resilience tomorrow.
Cathie Woods’s Imaginative and prescient for Tesla Inventory
One other pillar of ARK’s funding technique stays Tesla, an organization that has lengthy been a favourite in its portfolio. Tesla is at present ARK Innovation ETF’s largest holding, accounting for 10% of its $5.8 billion property as of March 24. Wooden’s optimism about Tesla is aware of no bounds. She predicts Tesla’s inventory will hit $2,600 inside 5 years, powered largely by its superior autonomous car know-how.
“Tesla’s robo taxis will account for 90% of its worth over that point,” Wooden famous through the HSBC International Funding Summit. She additionally highlighted Tesla’s management in EV know-how and famous its competitiveness relative to rival BYD in metrics like vary and energy for a given value.
FYI: Elon Musk loses a billion {dollars} each time the Tesla inventory drops by simply $2.43 pic.twitter.com/QnV4gY49sQ
— Nameless (@YourAnonNews) April 3, 2025
Tesla’s numbers are sliding in Europe and China, and the politics circling Elon Musk are murkier than ever. Nonetheless, Cathie Wooden holds the road. For her, Tesla’s future isn’t tied to immediately’s headlines however a imaginative and prescient that shrugs off short-term turbulence.
Confidence within the Way forward for Crypto and Innovation
Cathie Wooden’s latest Coinbase buy clearly exhibits her confidence in the way forward for crypto and blockchain know-how. Whereas the market faces short-term uncertainty, ARK is doubling down on firms it believes will outline the following period of technological innovation.
ARK Funding Administration retains doubling on chaos, grabbing Coinbase throughout crypto dips and clinging to Tesla by means of market turbulence. Cathie Wooden’s playbook is straightforward however audacious: wager large when others flinch. Traders monitoring ARK’s gambles surprise if that is brilliance or blind bravado.
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Key Takeaways
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The $5.4 trillion inventory market meltdown didn’t scare off ARK Investment. -
With Trump’s tariffs shaking the foundations, Coinbase shares took a 12% punch, however ARK smelled alternative. -
Cathie Wooden’s latest Coinbase buy sends a transparent message about her confidence in the way forward for crypto and blockchain know-how.
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