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NASDAQ:CRCL 21 November 2025

Cathie Wood’s ARK Bets Over $100 Million on Crypto Stocks and Nvidia as Bitcoin Crashes Below $85K

Cathie Wood’s ARK Bets Over $100 Million on Crypto Stocks and Nvidia as Bitcoin Crashes Below $85K

On November 21, 2025, Cathie Wood’s ARK Invest doubled down on crypto and AI, pouring tens of millions into Circle, Bullish, BitMine, Coinbase and Nvidia while trimming AMD — even as Bitcoin suffers its worst month since the 2022 crypto winter. On November 21, 2025, new disclosures show Cathie Wood’s ARK Invest has spent the week aggressively buying the dip in crypto-linked stocks and rotating within big tech, shifting money out of AMD and deeper into Nvidia and newly public crypto infrastructure names like Circle Internet Group, Bullish and BitMine Immersion Technologies. GuruFocus+1

Stock Market Today

  • Nasdaq Jumps, Dow Hits 52,000 as Tech Names Rebound
    June 29, 2026, 4:52 PM EDT. U.S. stocks ended higher Monday, with Nasdaq up 1.84% as big tech names recovered. The Dow Jones Industrial Average finished above 52,000 for the first time, closing at 52,234.45, a gain of 0.69%. The S&P 500 advanced 1.07%. Alphabet Inc. surged 4.6% after replacing Verizon in the Dow. Market breadth was mixed. NYSE advancers outpaced decliners 1.31-to-1, but the S&P 500 saw no new 52-week highs. Citi flagged a rare momentum dip in the Magnificent Seven, which dropped 6% equal-weighted last week. Traders are watching June payrolls heading into the holiday. The market is keeping a cautious stance before earnings.
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