●Cathie Wood forecasts a liquidity reversal in crypto and AI, dismissing bubble fears.
●Ark Invest continues to accumulate crypto-linked stocks like Block and Coinbase.
●BlackRock clients reportedly purchased ~$43M in BTC and ~$50M in ETH.
Ark Invest founder Cathie Wood has stated that the recent liquidity squeeze affecting the AI and cryptocurrency sectors is likely to reverse in the coming weeks. She noted that market indicators seem to support this view, suggesting that the markets are beginning to accept a more positive outlook. Wood also previously dismissed concerns regarding an AI bubble, citing strong commercial growth potential in the sector.
Demonstrating confidence in this outlook, Ark Invest has been actively "buying the dip" in crypto-linked assets, specifically accumulating shares of Block and Coinbase. This strategy aligns with her broader prediction of a favorable shift in market liquidity conditions.
Concurrently, broader institutional interest appears to be growing. New reports indicate that BlackRock clients have recently purchased approximately $42.95 million in Bitcoin and $50.39 million in Ether, signaling continued institutional inflows into major cryptocurrencies alongside Ark's equity accumulation.
[Update 1] Added specific details on Ark's accumulation of Block and Coinbase, as well as new data on BlackRock client inflows.