Cathie Wood’s Firm Just Doubled Down on One Of Its Major Positions

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The Street

By Tony Owusu Wood is betting big on a big name in crypto. When Cathy Wood’ buys, investors pay attention, and in February she has purchased a lot of crypto exchange Coinbase (COIN) – Get Free Report. Coinbase has been a frequent buying target for Wood’s Ark Invest fund in 2023, but while the fund has spent tens of millions of dollars on Coinbase, there hadn’t been any new purchases since mid-January. DON’T MISS: Cathie Wood Has an Alarming Prediction Regarding Amazon’s Robot-Human Ratio That all changed last Friday. Ark on Friday purchased 139,105 Coinbase shares for the ARK Innovation ETF (A…

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