Cathie Wood Broadcom and Crypto Stocks While Filing for New CoinDesk 20 ETFs

25-Jan-2026 CoinCentral

TLDR

  • Cathie Wood’s ARK Invest bought $15.96 million in Broadcom stock on January 23, making it the largest purchase of the day
  • ARK added $9.41 million in Coinbase shares and $9.24 million in Circle stock, continuing its crypto infrastructure investment strategy
  • Wood sold $8 million worth of Meta Platforms shares while trimming positions in genomics and defense companies
  • ARK filed with regulators to launch two crypto ETFs tracking the CoinDesk 20 index using futures contracts
  • The proposed funds would be ARK’s first broad crypto exposure products beyond Bitcoin, competing with similar filings from WisdomTree and ProShares

Cathie Wood’s ARK Invest disclosed trades on January 23, 2026, showing the firm purchased shares in chipmaker Broadcom and multiple cryptocurrency-related companies. The moves came as ARK filed regulatory documents to launch two new crypto index funds.

ARK’s largest purchase was Broadcom, buying 49,048 shares worth $15.96 million through the ARK Innovation ETF and ARK Next Generation Internet ETF. The chip company’s stock fell 1.7% that day as the broader semiconductor sector faced pressure following Intel’s cautious outlook.


AVGO Stock Card
Broadcom Inc., AVGO

Wood added 42,179 shares of Coinbase valued at $9.41 million through ARKK and ARK Fintech Innovation ETF. Coinbase stock dropped 2.8% due to weakness in the crypto market. ARK purchased 129,446 shares of Circle for $9.24 million, mainly through ARKK.

The firm bought 88,533 shares of Bullish worth $3.23 million. Most shares went into ARKK with additional purchases through the fintech fund. ARK also added 180,740 shares of Chinese autonomous vehicle company WeRide for $1.64 million through the ARK Autonomous Technology & Robotics ETF.

WeRide has been expanding its robotaxi fleet in Beijing and Guangzhou. The stock fell 2.5% on the trading day. Wood has consistently shown interest in autonomous vehicle technology.

ARK’s New Crypto ETF Filing

ARK Invest filed with U.S. regulators to launch two exchange-traded funds tied to the CoinDesk 20 index. This marks the firm’s first attempt at broad crypto market exposure beyond Bitcoin.

The proposed ETFs would track daily performance of the CoinDesk 20 index using regulated futures contracts. The funds would not hold cryptocurrencies directly. One fund would include Bitcoin alongside altcoins like Ether, Solana, XRP and Cardano.

A second product would exclude Bitcoin by pairing long index futures with short Bitcoin futures. Both funds are planned for NYSE Arca listing.

Competition in Crypto Index Funds

WisdomTree filed registration for a CoinDesk 20 Fund in Delaware on September 22, 2025. The filing was a preliminary step toward a U.S. ETF tied to the index covering the largest cryptocurrencies by market cap.

ProShares submitted its SEC filing for the ProShares CoinDesk Crypto 20 ETF on October 22, 2025. The fund would track the same index through derivatives rather than direct crypto holdings.

ARK’s filing positions the firm alongside WisdomTree and ProShares as competition grows for diversified crypto ETF products. All three firms chose futures-based approaches over direct cryptocurrency holdings.

While adding to crypto and chip stocks, ARK trimmed its position in Meta Platforms by $8 million. The firm also reduced exposure to select genomics and defense companies on January 23.

The post Cathie Wood Broadcom and Crypto Stocks While Filing for New CoinDesk 20 ETFs appeared first on CoinCentral.

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