Wu Blockchain (@WuBlockchain): Cathie Wood: Institutions Buy The Dip as Weak Bitcoin Holders Quit
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Cathie Wood: Institutions Buy The Dip as Weak Bitcoin Holders Quit On April 28, 2026, during an interview with The Rollup, ARK Invest CEO Cathie Wood @CathieDWood stated that Bitcoin ETF holders have remained remarkably resilient throughout this down cycle. She noted that when traditional asset managers see a 50% drop in Bitcoin—which constitutes a severe bear market—they actually view it as a prime opportunity. Wood explained that while weak holders have exited the market, their positions are being backfilled by institutions that are truly beginning to understand this new asset class, actively buying the dip to average down their costs.