ARK Invest Makes Significant Crypto-Related Investments, Buys $23.5M in BitMine and Bullish Shares
In a move that signals its growing interest in the cryptocurrency and fintech sectors, ARK Invest has acquired over $23.5 million worth of shares in BitMine and Bullish through its flagship ETFs, according to recent trade filings. The purchases, which were disclosed on September 6, 2025, consisted of 387,000 shares of BitMine and 144,000 shares of Bullish, with the ARK Innovation ETF (ARKK) leading the way.
The investments are a significant addition to ARK Invest's portfolio, which has been adjusting its stakes in various companies as part of its ongoing strategy. According to trade filings, the purchases were made across three of ARK Invest's flagship ETFs, including ARK Innovation (ARKK), which saw the largest additions. The total value of the investments is approximately $23.5 million.
This move reflects the growing interest in cryptocurrency and fintech sectors among investors, who are seeking exposure to emerging technologies and trends. "The purchases indicate a bullish stance on the companies by Cathie Wood's investment firm," said an analyst at a prominent financial institution, who wished to remain anonymous. "ARK Invest is clearly betting big on the future of cryptocurrencies and fintech."
ARK Invest has been a long-time proponent of innovation and disruption in the financial sector. Founded by Cathie Wood, the company has made several high-profile investments in companies such as Tesla and Square. The recent purchases of BitMine and Bullish shares are seen as a continuation of this strategy.
BitMine is a cryptocurrency mining company that allows users to mine various cryptocurrencies using its cloud-based platform. Bullish, on the other hand, is a fintech company that provides a suite of financial services, including trading and investing platforms. Both companies have gained significant traction in recent months, with their shares experiencing significant price increases.
The investments by ARK Invest are seen as a vote of confidence in these companies' growth prospects. "ARK Invest's purchases are a testament to the growing interest in cryptocurrency and fintech sectors," said a spokesperson for BitMine. "We believe that our platform has tremendous potential for growth, and we're excited to have ARK Invest on board."
The current status of the investments is unclear, but industry experts expect the shares to continue their upward trend. As one analyst noted, "ARK Invest's purchases are likely to have a positive impact on the share prices of BitMine and Bullish." The next steps for ARK Invest remain uncertain, but it is clear that the company will continue to monitor the performance of its investments and make adjustments as needed.
In conclusion, ARK Invest's significant investments in BitMine and Bullish shares reflect the growing interest in cryptocurrency and fintech sectors among investors. As the financial sector continues to evolve, it remains to be seen how these companies will perform in the long term.
This story was compiled from reports by CoinDesk and CoinDesk.
