Cathie Wood Avoided HOOD and BMNR but Continued Investing in These Two Crypto Stocks – Discover Their Commonalities

ARK Investment's Crypto Buying Activity: ARK Investment reduced its pace of crypto buying after a week of heavy activity, opting not to add shares of Robinhood or Bitmine Immersion Technologies, while continuing to increase holdings in Bullish and Circle Internet Group.

Recent Purchases: The ARK Innovation ETF (ARKK) added over 56,000 shares of Bullish and 11,000 shares of Circle, while the ARK Fintech Innovation ETF (ARKF) acquired approximately 26,000 shares of Bullish and over 3,000 shares of Circle.

Market Sentiment and Stock Performance: Both Bullish and Circle stocks are trading below their initial public offering prices, with Bullish shares down nearly 70% and Circle's stock dropping around 20% since its debut, despite ARK's bullish sentiment.

Retail Sentiment Trends: Retail sentiment around ARK's funds remains mixed, with ARKK showing a rebound in after-hours trading, while ARKF's sentiment diverged sharply, reflecting varying investor confidence in the two funds.