Ark Invest Doubles Down with Crypto Stocks Buy Amid Prices Fall

Ark Invest Expands Crypto Holdings With Circle, Coinbase, and Bullish

Even as cryptocurrency markets show signs of cooling, Ark Investment Management, led by Cathie Wood, is doubling down on digital-asset stocks. On November 25, 2025, Ark purchased $7.6 million in Circle (CRCL), $3.8M in Coinbase (COIN) shares and $1.5 million in Bullish (BLSH) stock, signaling strong confidence in the long-term potential of crypto infrastructure.

Source: Cathies’sArk

The purchases came on a day when Circle shares fell 3.62% to $70.11, Coinbase traded at $254 (-0.72%) and Bullish dropped 2.41% to $40.50. While prices were soft, Ark’s strategy of buying during market dips highlights its commitment to accumulating high-quality crypto-related equities at attractive valuations.

Other than these, the day followed a significant investment in Alphabet Inc. Class C (GOOG) with $56.3M, and expanded with Square's XYZ, META, CRWV, CRPS, HOOD and more. 

Crypto Portfolio: A Focus on Key Players

Circle, the issuer of the USDC stablecoin, now represents roughly 2% of the investement giant's total holdings, totaling about $255 million. Bullish, the parent company of CoinDesk, accounts for $151.8 million across the funds. Ark’s largest crypto position remains Coinbase (COIN), worth $506.6 million, or over 4% of its total portfolio.

These acquisitions follow the earlier November 20 dip-buying spree, when the firm accumulated hundreds of millions in crypto-related equities across its flagship ETFs. The pattern shows that Cathie sees temporary price dips as opportunities rather than risks, betting on the long-term growth of the ecosystem.

Balancing Crypto and Tech Innovation

Ark’s crypto equity strategy is part of a broader approach that balances exposure to high-growth technology companies. Other top holdings include Tesla (TSLA), Shopify (SHOP), Roku (ROKU), and Palantir (PLTR), illustrating the firm’s focus on innovative companies poised to outperform over time.

Why Ark is Bullish on Circle and Bullish

Circle’s USDC stablecoin is central to the digital-asset economy, providing liquidity and stability for the traders and institutions. Bullish, on the other hand, offers exposure to crypto-media, analytics, and market infrastructure, complementing its investments in exchanges like Coinbase.

By increasing positions even as stocks fell, the investment firm signals a belief that these companies are well-positioned to benefit from growing adoption of digital technologies, staking, and financial services.

Investor Takeaway

Ark’s $9.1 million purchase is a vote of confidence in crypto infrastructure amid market volatility. For investors, it underscores the value of identifying strong fundamentals and seizing opportunities during short-term market pullbacks.

As cryptocurrency markets continue to experience fluctuations, Ark’s moves may inspire other institutional investors to follow, potentially providing support for Circle, Bullish, and the broader crypto-equity sector in the weeks ahead.