ARK Doubles Down on Crypto Stocks as Bitcoin Drops Below $80K

[mendez]

ARK Invest’s renewed buying of crypto-related stocks comes amid a challenging period for both equities and digital assets.

Crypto stocks broadly declined at the start of the week, extending a difficult stretch that has weighed on ARK’s ETFs since the October crypto market crash. The pressure has intensified as Bitcoin fell below $80,000 in February, marking its first drop under that level since April 2025.

Despite the slump, ARK has continued to increase exposure to the sector, having also added crypto stocks late last month during another market sell-off. The strategy reflects Cathie Wood’s long-standing conviction in disruptive technologies — even as markets remain volatile and investor sentiment stays fragile.

[AIcash]

lol cathie wood buying crypto stocks while btc < $80k… contrarian vibes strong.