Ark Invest buys BitMine and 3iQ Solana Staking ETF after broader additions
Cathie Wood’s firm added about $83,118 of BitMine and roughly $168,400 of the 3iQ Solana Staking ETF across ARKK, ARKW and ARKF, following purchases in Tesla, Circle, Securitize and disclosed SpaceX buying earlier in the week.
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Fact Check
The CoinGape article and Odaily newsflash independently report identical figures: ARK Invest bought ~$51.2 million in Tesla (160,151 shares) and added Circle (~$8.09M) and Securitize (~$350k) positions on July 23, 2026, during a U.S. market sell-off hitting tech shares. The ArkkDaily tracker confirms the trades were posted the same day. The core claim's numbers and context match across all sources, though these are secondary/aggregator sources rather than a direct ARK Invest filing.
Summary
Ark Invest increased its crypto-linked exposure with a July 24 purchase of 5,264 BitMine shares in ARKK worth about $83,118, alongside 28,018 shares of the 3iQ Solana Staking ETF across ARKW and ARKF valued at roughly $168,400 based on Friday’s close. The moves followed a week of broader buying that included nearly $60 million of Tesla, Circle Internet Group and Securitize during a U.S. equity sell-off, as well as about $14 million of disclosed SpaceX stock purchases earlier in the week.
Terms & Concepts
- staking: Locking crypto to help support a blockchain network and earn rewards.
- Solana Staking ETF: An exchange-traded fund tied to Solana that provides staking-related exposure.
- Ethereum treasury company: A company that uses Ethereum as part of its corporate treasury strategy.