ARK Invest Buys $72.4M in Crypto Stocks During Bitcoin Pullback

ARK Invest, led by Cathie Wood, purchased approximately $72.4 million in crypto-related equities during a sharp Bitcoin pullback that briefly pushed prices below $75,000.

The buying activity was spread across the firm’s flagship exchange-traded funds, ARK Innovation ETF (ARKK), ARK Next Generation Internet ETF (ARKW), and ARK Fintech Innovation ETF (ARKF), and focused on companies tied to crypto exchanges, brokerages, stablecoins, mining, and infrastructure.

The purchases reflect a coordinated accumulation across multiple segments of the digital asset ecosystem during a period of heightened market volatility.

Breakdown of ARK’s Crypto-Linked Purchases

ARK distributed the $72.4 million investment across seven primary crypto-related equities, with a clear concentration in trading platforms and infrastructure providers.

• Robinhood (HOOD): $32.7 million, representing ARK’s largest individual purchase
• CoreWeave (CRWV): $14.6 million
• Circle Internet (CRCL): $9.4 million
• Bitmine Immersion Technologies (BMNR): $6.3 million
• Bullish (BLSH): $6.0 million
• Block (XYZ): $1.9 million
• Coinbase (COIN): $1.3 million

Robinhood accounted for nearly half of the total allocation, underscoring ARK’s continued emphasis on retail trading platforms with crypto exposure.

Strategic Positioning During Market Weakness

The timing of the purchases coincided with a period of sharp downside volatility in Bitcoin, during which prices briefly fell below $75,000. Rather than reducing exposure, ARK increased its holdings across multiple crypto-adjacent sectors, including exchanges, custody and infrastructure, stablecoin issuance, and mining-related operations.

By spreading capital across several ETFs and asset types, the firm diversified its exposure while maintaining a clear focus on companies positioned to benefit from long-term digital asset adoption.

Takeaway

ARK Invest’s $72.4 million allocation into crypto-related equities during a Bitcoin pullback highlights a willingness to add exposure during periods of market stress. The purchases reinforce the firm’s long-standing strategy of targeting infrastructure, platforms, and financial services tied to the broader crypto ecosystem rather than direct token exposure.

The post ARK Invest Buys $72.4M in Crypto Stocks During Bitcoin Pullback appeared first on ETHNews.