Ark Invest Buys $10.18 Million Stake in Crypto Platform Bullish

Ark Invest’s expanded purchases, including Block, Circle, Coinbase, and Bullish through its ETFs, underscore its deepening commitment to diversified crypto-related holdings.

BTC

Summary

Ark Invest significantly expanded its crypto-related portfolio, acquiring $13.5 million in Block, $7.6 million in Circle, and $3.86 million in Coinbase through its ARKK ETF. Coinbase remains ARKK’s fourth-largest holding at $391 million, Circle at $179 million, and Block at $85.2 million. The firm also added shares of Bullish, Robinhood, and the Ark-21Shares Bitcoin ETF. Previously, Ark bought over 277,000 Bullish shares worth $10.18 million across three ETFs, highlighting its sustained focus on blockchain and digital asset sectors.

Terms & Concepts
  • ETF (exchange-traded fund): A marketable security that tracks an index, commodity, currencies, or a basket of assets, and can be traded like a stock.
  • Bullish (crypto trading platform): A blockchain-based digital asset exchange offering trading and liquidity services.
  • Ark-21Shares Bitcoin ETF: An exchange-traded fund jointly managed by Ark Invest and 21Shares to provide regulated exposure to Bitcoin.