ARK Invest’s Crypto Exposure Tops $2.15B as Bullish Holdings Rise Across 3 Funds
ARK Invest increased its stake in Bullish, pushing its total crypto-related exposure across three ETFs past $2.15 billion.Summary
Cathie Wood’s ARK Invest recently expanded its investment in Bullish, CoinDesk’s parent company, by over 105,000 shares, valued at approximately $5.3 million. This purchase, spread across the ARKK, ARKW, and ARKF ETFs, brings ARK's total holding in Bullish to 2.27 million shares, worth $114 million. This move deepens ARK's focus on digital asset infrastructure. Overall, ARK's combined exposure to blockchain and crypto-related companies, including Coinbase, Robinhood, Circle, and various crypto ETFs, now exceeds $2.15 billion across its three actively-managed funds. ARKF holds the highest crypto allocation at 29%, followed by ARKW (25.7%) and ARKK (17.7%). To accommodate these increases, ARK trimmed holdings in traditional tech stocks like Palantir and Shopify.
(Source：CoinDesk)