Democrats sweep both chambers, the crypto world is in mourning, but Cathie Wood is buying against the tide 🔥🤫
Two days before the election results came out, crypto stocks had already started falling, but ARK kept adding to its positions:
- On November 2, it bought 24,790 shares of $COIN (about $3.5 million), 35,657 shares of $CRCL, and 7,703 shares of $HOOD
- On November 3, it added another 12,835 shares of $CRCL, then made big purchases: 88,013 shares of $SHOP (about $13.75 million) and 63,638 shares of $PLTR (about $11.35 million)
It sold $GOOG (about $3.48 million), $CRWD (about $1.67 million), and 37,754 shares of $BLSH
Key takeaway!!! These are all crypto-related stocks, yet she’s buying Coinbase and Circle while selling crypto exchange Bullish. This isn’t blindly adding to the entire crypto sector: stablecoins and leading compliant platforms stay, while the rest get trimmed.
Now that control of both chambers has changed hands and regulatory expectations have shifted sharply, these contrarian positions are about to be put to the test! #美国中期选举：市场有哪些期待？ #木头姐
Two days before the election results came out, crypto stocks had already started falling, but ARK kept adding to its positions:
- On November 2, it bought 24,790 shares of $COIN (about $3.5 million), 35,657 shares of $CRCL, and 7,703 shares of $HOOD
- On November 3, it added another 12,835 shares of $CRCL, then made big purchases: 88,013 shares of $SHOP (about $13.75 million) and 63,638 shares of $PLTR (about $11.35 million)
It sold $GOOG (about $3.48 million), $CRWD (about $1.67 million), and 37,754 shares of $BLSH
Key takeaway!!! These are all crypto-related stocks, yet she’s buying Coinbase and Circle while selling crypto exchange Bullish. This isn’t blindly adding to the entire crypto sector: stablecoins and leading compliant platforms stay, while the rest get trimmed.
Now that control of both chambers has changed hands and regulatory expectations have shifted sharply, these contrarian positions are about to be put to the test! #美国中期选举：市场有哪些期待？ #木头姐
