Trending Cathie Wood Stocks This Week

David Pokima
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Highlights

  • Cathie Wood stocks continue to garner momentum in the market.
  • Meta recorded inflows in the last 24 hours following bullish sentiments.
  • Coinbase traded on the lines of digital assets with slight outflow.

Cathie Wood stocks are popular following previous market gains although recent years have been less impressive. Today, the stock market attempted a rebound with some tech stocks recording inflows due to increased sentiments. Crypto stocks have also recorded a similar fate to digital assets this week following recent events. 

ArkInvest’s Cathie Wood stocks are updated daily with popular demand as investors check on trending assets. This week most trending assets remain in the red zone with bulls expecting a rebound after Feds left interest rates unchanged. While most assets are down, Meta notched slight gains in the last 24 hours. Here are the trending Cathie Wood stocks this week. 

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Meta Platforms Inc (META)

Meta recorded slight inflows today alongside other tech stocks. The tech giant trades at $504, a 0.11% increase adding to weekly growth. This week, the asset increased over 2% as its bullish trajectory garners steam. Although it trades shy of its first quarter performance, year-to-date flows are at 45% with decent prospects in Q2. Meta’s Reality Labs continue to post quarterly losses with a $3.85 billion operating loss in the first three months.

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Coinbase (COIN)

The stock of digital asset exchange Coinbase trades slightly underwater with a 1.27% decline today. At press time, the asset trades at $244.50 with bulls pointing to longer-term gains. Weekly figures are in the green zone after recording over 1.3% inflows. Like Meta, COIN posted surging growth this year after a bullish Q1 performance. Better-than-expected quarterly earnings showed the performance of crypto assets after the approval of spot Bitcoin ETFs. 

Despite the drop in Bitcoin price below $70,000, market bulls set sights on upcoming bullish events to rally the asset’s price. COIN remains a trending Cathie Wood stock after its recent market performance.

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Robinhood (HOOD)

HOOD is a trending Cathie Wood stock after the company acquired Bitstamp in a $200 million deal. Robinhood is projected to benefit from its crypto investors but also a MiCA licensee that will guarantee ease in Europe. HOOD trades at $22.42 and has surged 22% this month.

Also Read: NVIDIA Launches New Tools for LLM Synthetic Data Generation

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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
David is a finance news contributor with 4 years of experience in Blockchain Technology and Cryptocurrencies. He is interested in learning about emerging technologies and has an eye for breaking news. Staying updated with trends, David reported in several niches including regulation, partnerships, crypto assets, stocks, NFTs, etc. Away from the financial markets, David goes cycling and horse riding.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.