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Cathie Wood Ark Invest $7M Crypto Bet In Coinbase, Circle, Bullish

Cathie Wood Scoops Up $7M in Coinbase, Circle & Bullish

Cathie Wood Ark Invest Expands With Coinbase, Circle, Bullish New Buys

Ark Invest has gone even more aggressive on crypto-related stocks, increasing its investments in Coinbase, Circle, and Bullish as institutional investors show growing interest in digital-asset-linked equities.

Cathie Wood Ark Invest Increases Crypto Stock Buys.

The Investment has maintained its vigorous buying of crypto-related stocks this week, carrying out new buys in two of its high-profile exchange-traded funds, including the Innovation ETF (ARKK) and the Fintech Innovation ETF (ARKF). 

It is becoming more confident in crypto-driven publicly traded companies, as the most recent Tuesday trade filing shows that the firm jointly bought $3 million of Coinbase stock and $3.1 million of Circle stock.

Cathie Wood Ark Invest Increases Crypto Stock Buys.

Source: Wu Blockchain

ARKF Also Adds Stock

Together with Coinbase and Circle, the ARKF ETF increased exposure to Bullish, a crypto exchange operator funded by Peter Thiel. ARKF bought another 1.1 million Bullish shares, which further diversified its portfolio of fintechs with more crypto-exchange coverage.

Stock Performance at the Purchases.

The most recent purchases were made when the major crypto equities moved close to flat in the market.

  • Coinbase (COIN) finished the day on Tuesday, 0.81% down, at $261.79, with Trading volume $2.85B and a market cap of $70B

Coinbase (COIN) price

Source: CMC

  • Circle (CRCL) experienced a minor increase of 0.1% to close at $76.68 with trading volume $1.26 billion and a market cap $18 billion

Circle (CRCL) price

Source: CMC

This shows that the strategy can be more of a long-term belief than a short-term price direction.

Aggressive Crypto Equity Strategy of Ark in the Last Weeks.

The Tuesday acquisitions follow a powerful purchasing pattern exhibited in the recent past:

On Monday, Ark added Bullish shares valued at $10.2 million in three ETFs.

On Thursday last, the company took even greater strides and added:

  • $7.28M in Bullish,

  • $15.56M in Circle,

  • $8.86M in BitMine.

Overall, Ark has already invested more than $40M in crypto-related publicly-traded companies within the last several trading days, which is certainly an increase in its crypto-forward investment efforts.

BULLISH Expected to announce Q3 Results

This is the fastest-growing exchange that has gained the support of billionaire investor Peter Thiel, will release its third-quarter financial results later today. 

The update should provide information on the trading volumes, user growth, and institutional engagement, which can further shape the future positioning of Ark. The current trend shows the price $0.00002607 surged by 12.04%.

BULLISH Price

Source: CMC

Impact on Crypto Markets

Ark Invest continuous buy boosted overall sentiment in crypto-equity space, signaling strong institutional conviction. Although immediate price reactions remain modest, analysts believe sustained accumulation from major funds could encourage more institutional inflows and gradually strengthen market confidence across both crypto assets and related publicly traded companies.

Conclusion

The investment indicates the long-term investment of the company in crypto-integrated equities, which strengthens the rising institutional belief in the financial infrastructure based on digital assets.

Sakshi Jain

About the Author Sakshi Jain

Expertise coingabbar.com

Sakshi Jain is a crypto journalist with over 3 years of experience in industry research, financial analysis, and content creation. She specializes in producing insightful blogs, in-depth news coverage, and SEO-optimized content. Passionate about bringing clarity and engagement to the fast-changing world of cryptocurrencies, Sakshi focuses on delivering accurate and timely insights. As a crypto journalist at Coin Gabbar, she researches and analyzes market trends, reports on the latest crypto developments and regulations, and crafts high-quality content on emerging blockchain technologies.

Sakshi Jain
Sakshi Jain

Expertise

About Author

Sakshi Jain is a crypto journalist with over 3 years of experience in industry research, financial analysis, and content creation. She specializes in producing insightful blogs, in-depth news coverage, and SEO-optimized content. Passionate about bringing clarity and engagement to the fast-changing world of cryptocurrencies, Sakshi focuses on delivering accurate and timely insights. As a crypto journalist at Coin Gabbar, she researches and analyzes market trends, reports on the latest crypto developments and regulations, and crafts high-quality content on emerging blockchain technologies.

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