Cathie Wood’s ARK Sees Opportunity in Crypto Slump, Adds More Stocks

ARK’s Dip-Buying Playbook Returns as Crypto Enters Another Downturn

Cathie Wood’s ARK Invest has a longstanding strategy of accumulating shares in crypto-related companies during market downturns, viewing them as opportunities to invest in disruptive technologies at discounted prices. This latest accumulation follows a recent slump in cryptocurrency prices, with Bitcoin dipping below $75,000 amid broader market deleveraging and weakened risk appetite, prompting ARK to buy over $70 million in stocks like Robinhood, Circle, BitMine, Coinbase, and Bullish. This behavior is consistent with ARK’s history; for instance, in November 2025, the firm bought Bitcoin ETFs and crypto stocks during a market plummet, reinforcing its bullish long-term outlook.

Previous dips, such as the 2022 crypto winter when ARK heavily invested in Coinbase, often preceded recoveries where those stocks rallied significantly, Coinbase shares surged over 200% in the subsequent 2023-2024 bull market, boosting investor sentiment and contributing to broader sector rebounds.

Breakdown of Purchases

On February 2, 2026, ARK Invest bought over $72 million worth of crypto-related stocks as Bitcoin fell below $75,000. The largest purchase was Robinhood, with 235,077 shares worth about $21.1 million. ARK also added positions in Circle, Coinbase, Bullish, BitMine, CoreWeave, and Block.

The buying focused on crypto exchanges, stablecoin issuers, and infrastructure companies, showing ARK’s long-term confidence despite market volatility. ARK continued buying on February 3, adding 89,677 more Robinhood shares worth $8.06 million and 135,131 shares of the ARK 21Shares Bitcoin ETF (ARKB) valued at $756,043. At the same time, it reduced some non-crypto holdings like Airbnb, signaling a shift toward higher crypto exposure during the downturn.

Overall, these moves highlight Cathie Wood’s continued belief in digital assets as long-term portfolio diversifiers, even as market sentiment remains cautious.

What Readers Should Watch Next

• ARK’s Ongoing Purchases: Monitor for additional buys by ARK Invest in crypto stocks like Robinhood and Coinbase, as they continued accumulating $32.7M in Robinhood and Bitcoin ETFs on February 3, 2026, amid further dips. au.investing.com +1
• Bitcoin Price Recovery: Keep an eye on Bitcoin’s trajectory after hitting a 15-month low below $73,000 on February 3, potentially signaling a rebound or deeper correction impacting related equities. finance.yahoo.com +1
• Crypto Stock Performance: Track shares of companies like BitMine, Bullish, and Robinhood for volatility and potential rallies, following ARK’s strategy of buying during slumps as seen in past cycles. dropstab.com +1
• Broader Market Sentiment: Watch economic indicators like inflation trends and Cathie Wood’s deflationary outlook, which could influence crypto adoption and asset valuations in 2026.