ARK Invest Makes Bold $23.5M Move: Snaps Up BitMine and Bullish Shares Across Flagship ETFs
Cathie Wood's ARK just dropped another crypto bomb—loading up on BitMine and Bullish shares like there's no tomorrow.
Breaking Down the Bet
ARK poured $23.5 million into two of crypto's rising names. Not a casual dip—this is conviction buying. BitMine’s mining muscle and Bullish’s exchange tech clearly caught their eye. The buys spread across multiple ARK ETFs—diversified but targeted.
Why It Screams Confidence
This isn’t ARK’s first crypto rodeo. They keep doubling down while traditional finance still debates whether Bitcoin is a ‘real asset.’ Classic Wall Street—always late to the party.
Final Take: Bold or Reckless?
Love it or hate it, ARK doesn’t do half-measures. While skeptics nail them for volatility, believers see a fund actually walking the talk. Either way—you can’t ignore the move.