Investment firm ARK Invest, led by Cathie Wood, continues to actively add shares of crypto companies, particularly BitMine Immersion Technologies and Bullish, to its ETFs.
ARK Invest Increases Stake in BitMine
ARK Invest purchased over 387,000 shares of BitMine Immersion Technologies, totaling approximately $16 million. The largest purchase was made through ARK Innovation ETF (ARKK) with 257,108 shares.
Continued Investment in Bullish
An additional 144,000 shares of the crypto exchange Bullish were acquired for about $7.5 million. ARKK again led these purchases with 81,811 shares, followed by ARKW and ARKF with smaller volumes.
BitMine's Ethereum Acquisition
Moreover, BitMine, the largest corporate holder of Ethereum, purchased another $65 million worth of ETH, bringing its holdings to over 1.5% of Ethereum's circulating supply.
ARK Invest demonstrates a consistent interest in increasing its investments in the cryptocurrency sector, betting on the growth of companies like BitMine and Bullish.
