Cathie Wood is also trading in waves. Previously, she reduced her holdings in BLOCK and the Ark fund ARK from Coinbase. Over the past period, taking advantage of relatively low stock prices, she has picked up these stocks again. Currently, Coinbase has become Cathie Wood's 3rd largest stock holding, while ETH MicroStrategy BMNR has risen from the 18th to the 12th largest stock holding. Excluding Tesla, which holds Bitcoin, Cathie Wood's position in crypto companies still exceeds 15%. She is in a betting state in the crypto circle and has a preference for exchange-related stocks.