Cathie Wood’s ARK Invest made headlines recently with a flurry of stock purchases, including a notable investment in Broadcom, while simultaneously filing for two new cryptocurrency exchange-traded funds (ETFs) designed to track the CoinDesk 20 index. On January 23, 2026, ARK disclosed a substantial buy-in of $15.96 million in Broadcom, the chipmaker that has become a focal point in the tech sector.
According to ARK’s latest filings, the firm acquired 49,048 shares of Broadcom through its ARK Innovation ETF and the ARK Next Generation Internet ETF. This sizable purchase came despite a 1.7% decline in Broadcom’s stock price as broader market fears intensified following Intel’s cautious earnings outlook.
In addition to its investment in Broadcom, ARK also bolstered its crypto infrastructure holdings by purchasing 42,179 shares of Coinbase for $9.41 million and adding 129,446 shares of Circle valued at $9.24 million. However, the crypto market’s unstable conditions contributed to a 2.8% drop in Coinbase’s stock on the same day.
ARK didn’t stop there; it also bought 88,533 shares of Bullish for $3.23 million, along with other tech-focused investments, signaling Wood’s unwavering commitment to the future of autonomous vehicles and the growing crypto space.
New Crypto ETFs on the Horizon
In a significant move for ARK, the firm filed with regulators to introduce two new crypto ETFs that would provide diversified exposure to the digital asset market. The filings mark ARK’s first attempt to broaden its investment strategy beyond Bitcoin, reflecting a robust belief in the potential of altcoins.
The proposed ETFs will utilize regulated futures contracts to track the daily performance of the CoinDesk 20 index. Importantly, these funds will not directly hold cryptocurrencies; rather, one fund will include Bitcoin alongside other major altcoins such as Ether, Solana, XRP, and Cardano, while a second product will exclude Bitcoin entirely, pairing long index futures with short Bitcoin futures. Both ETFs are intended for a listing on NYSE Arca.
Entering a Competitive Landscape
ARK’s entry into the crypto ETF arena puts it in direct competition with established players like WisdomTree and ProShares. WisdomTree has already filed for a CoinDesk 20 Fund, while ProShares initiated a filing for its CoinDesk Crypto 20 ETF, which also relies on derivatives rather than direct cryptocurrency holdings. As this market matures, the competition for diversified crypto ETFs is intensifying.
In conjunction with its investment strategies, ARK made the decision to trim its exposure to other sectors, including a notable $8 million sell-off of Meta Platforms shares, while also reducing investments in genomics and defense companies. This reevaluation of positions demonstrates ARK’s agile approach to managing its portfolio in response to changing market dynamics.
As ARK Invest positions itself in the vibrant cryptocurrency landscape while diversifying its investments, Cathie Wood continues to be a prominent figure to watch in both the tech and crypto sectors. With these strategic moves, its influence on market trends is unmistakable.
