ARK Invest Makes Significant Crypto Investments, Buys $23.5M in BitMine and Bullish Shares
In a move that signals its growing interest in the cryptocurrency sector, ARK Invest has acquired over $23.5 million worth of shares in crypto-related equities across three of its flagship ETFs. According to trade filings disclosed on September 6, 2025, Cathie Wood's investment firm purchased 387,000 shares of BitMine and 144,000 shares of Bullish, with the largest additions made through ARK Innovation ETF (ARKK).
The purchases indicate a bullish stance on the companies by ARK Invest, which continues to adjust its portfolio with strategic additions and divestments. This move reflects the growing interest in cryptocurrency and fintech sectors, as investors seek exposure to emerging technologies and trends.
According to CoinDesk, "The moves come as ARK Invest continues to adjust its portfolio, trimming stakes in certain companies while increasing investments in others." The firm's decision to invest in BitMine and Bullish suggests that it is optimistic about the potential for growth in these companies.
ARK Innovation ETF (ARKK) led the way with the largest additions, followed by ARK Fintech Innovation ETF (ARKF) and ARK Next Generation Internet ETF (ARKW). The purchases are part of a broader trend of institutional investors increasing their exposure to cryptocurrency-related equities.
"Cathie Wood's investment firm has been at the forefront of investing in emerging technologies," said a financial analyst, who wished to remain anonymous. "This move is consistent with her strategy of identifying and investing in companies that have the potential for significant growth."
The investments are not only a vote of confidence in BitMine and Bullish but also reflect the growing recognition of cryptocurrency's potential as an asset class. As more investors seek exposure to emerging technologies, it remains to be seen how this trend will continue to shape the investment landscape.
ARK Invest has made significant changes to its portfolio over the past year, trimming stakes in companies such as Tesla and Square while increasing investments in others like Coinbase and Robinhood. The firm's decision to invest in BitMine and Bullish suggests that it is optimistic about the potential for growth in these companies.
In a statement, ARK Invest did not comment on the specific reasons behind its investment decisions but emphasized its commitment to identifying and investing in emerging technologies with significant growth potential.
The investments are part of a broader trend of institutional investors increasing their exposure to cryptocurrency-related equities. As more investors seek exposure to emerging technologies, it remains to be seen how this trend will continue to shape the investment landscape.
In conclusion, ARK Invest's significant investments in BitMine and Bullish shares reflect its growing interest in the cryptocurrency sector and its optimism about the potential for growth in these companies. The move is part of a broader trend of institutional investors increasing their exposure to emerging technologies, and it remains to be seen how this trend will continue to shape the investment landscape.
Sources:
CoinDesk: "ARK Invest Snaps Up $23.5M in BitMine, Bullish Shares Across Flagship ETFs"
CoinDesk: "ARK Invest Buys $23.5M in Crypto Stocks Across Flagship ETFs"
This story was compiled from reports by CoinDesk and CoinDesk.
