Legendary investor Cathie Wood is known for identifying emerging tech trends, including crypto and AI. Nearly every leading crypto stock finds a home in her portfolio, whether it’s Coinbase (Nasdaq: COIN), Robinhood (Nasdaq: HOOD), or Bitmine Immersion (NYSE: BMNR). Wood recently retreated from her Bitcoin price prediction of $1.5 million to $1.2 million, sensing a shift due to stablecoins. On Nov. 12, ARK Invest bought Circle Internet Group (NYSE: CRCL) shares worth over $30 million. Three ETFs absorbed the acquisition, but CRCL shares sank after the company reported Q3 earnings, despite revenue growth and increased income.

Read more at Yahoo Finance: Cathie Wood buys $30M of sinking crypto stock