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ARK Invest Adds $18 Million in Crypto Stocks as Bullish Buying Streak Continues

The move fits ARK's cross-ETF rotation into crypto infrastructure plays during recent market swings.

Overview

  • ARK disclosed about $18 million in Thursday purchases, including roughly $12 million in Robinhood, $4 million in Bitmine Immersion Technologies, and $2 million in Bullish.
  • CoinCentral reported share counts of 212,314 for Bitmine, 74,323 for Bullish, and 174,767 for Robinhood, citing ARK’s ETF disclosures.
  • The Bullish buys extended a consecutive-day accumulation run reported as 10 days by CoinDesk and 11 days by CoinCentral.
  • Bitmine shares were bought across three ARK ETFs, and Bullish is reported as ARKF’s ninth-largest holding at about a 3.4% weighting near $30 million.
  • On Thursday, Bullish and Robinhood fell while Bitmine edged higher, reflecting mixed price action around the trades.