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ARK Invest Shifts Strategy: Dumps Circle, Doubles Down on Robinhood & Coinbase in Bold Crypto Bet
ARK Invest Shifts Strategy: Dumps Circle, Doubles Down on Robinhood & Coinbase in Bold Crypto Bet
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ARK Invest just made waves with its latest portfolio shuffle—ditching Circle while loading up on Robinhood and Coinbase shares. Here's why it matters.
The Great Stablecoin Shakeout
Cathie Wood's fund isn't mincing words—its retreat from Circle signals dwindling confidence in centralized stablecoins as regulatory claws sink deeper.
Betting on the Crypto Gatekeepers
Snapping up Robinhood and Coinbase shares reveals ARK's play: back the platforms minting money from crypto's volatility, not the assets themselves. A classic Wall Street hedge—with a Web3 twist.
The Bottom Line
While suits debate 'stablecoin viability,' ARK's move screams one truth: in crypto's casino, the house always wins. And right now, that house is called Coinbase.
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