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ARK Invest Expands Crypto Equity Holdings with $18M+ Buying Spree

ARK Invest Expands Crypto Equity Holdings with $18M+ Buying Spree

Published:
2026-02-14 04:59:01
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BTCCSquare news:

Cathie Wood's ARK Invest made aggressive moves into crypto-linked stocks this week, deploying over $18 million across three key positions. The firm's purchases signal growing institutional conviction despite recent market volatility.

ARK acquired $12.4 million worth of Robinhood shares, reinforcing its bet on retail trading platforms embracing digital assets. The brokerage's stock has gained 14% since ARK began accumulating positions last quarter.

Bullish, the cryptocurrency exchange, saw its shares rise 3.6% after ARK added $2.4 million to its position. This marks the eleventh consecutive day of accumulation, with Bullish now representing ARKF ETF's ninth-largest holding at nearly $30 million.

Bitmine shares surged 8% following ARK's $4.2 million purchase across three ETFs. "When institutions buy the dip, retail follows," noted Bloomberg Intelligence analyst James Seyffart. The coordinated buying spree comes as crypto equities test key support levels.

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