ARK Invest, led by Cathie Wood, continues to invest actively in cryptocurrency projects, increasing its stakes in Bullish and BitMine as part of its strategy to expand influence in a rapidly evolving industry.
ARK's Aggressive Investment Strategy
ARK's trade disclosures indicate new investments spread across its three core funds: Innovation ETF (ARKK), Next Generation Internet ETF (ARKW), and Fintech Innovation ETF (ARKF). Together, the ETFs have funneled over $23 million into the two crypto entities.
Bullish's Success After IPO
Bullish has attracted investor attention following its successful debut on the stock exchange in August, where ARK quickly became one of the largest institutional buyers, investing around $172 million on its debut day. This deal raised $1.1 billion, solidifying Bullish’s status as one of the most-discussed listings of 2025.
BitMine's Strategic Accumulation of Ethereum
BitMine is actively executing one of the most aggressive Ethereum accumulation strategies in corporate finance, adding $65 million in ETH through over-the-counter purchases. As a result, BitMine now holds over 1.5% of the total Ether in circulation, with all acquisitions funded with cash, excluding leverage.
ARK Invest’s continued purchases indicate a decisive strategy from Cathie Wood aimed at expanding its positions in the crypto industry. This activity could prove beneficial if Ethereum adoption accelerates and crypto-native exchanges capture a larger share of global markets.