ARK Invest Makes Bold $23.5M Move: Snaps Up BitMine and Bullish Shares Across Flagship ETFs

ARK doubles down on crypto infrastructure with massive ETF acquisitions

Strategic Positioning

Cathie Wood's investment firm just deployed $23.5 million into two crypto heavyweights—BitMine and Bullish—spreading the bets across multiple flagship ETFs. The move signals continued institutional confidence in blockchain infrastructure despite regulatory headwinds.

Portfolio Weighting Game

ARK's allocation strategy suggests they're playing the long game on exchange and mining operations—because nothing says 'conviction' like throwing millions at volatile assets while traditional finance raises eyebrows. Because who needs stable dividends when you can have blockchain volatility?

Final Take: ARK isn't just dipping toes—it's diving headfirst into crypto's deepest waters.