ARK Invest Increases Exposure to Crypto-Linked Equities During Market Pullback
ARK Invest, led by Cathie Wood, increased its exposure to crypto-linked equities during the recent digital asset market pullback, according to trade disclosures from the firm’s exchange-traded funds.
Filings show ARK purchased approximately $3.25 million worth of shares in Bitmine Immersion Technologies on Tuesday, adding to a position that has declined alongside broader crypto-related stocks. The firm also acquired roughly $2.4 million in shares of Circle Internet Group through its funds.
In the same set of disclosures, ARK Invest added about $3.5 million in Bullish shares and purchased approximately $630,606 worth of Coinbase stock.
The trades were executed as Bitcoin prices stabilized in the mid-$70,000 range after briefly falling below $80,000 earlier in the week. The pullback has weighed on crypto-exposed equities as investors reduced leverage and reassessed risk exposure.
ARK’s latest purchases followed a larger round of buying disclosed on Monday, when the firm added approximately $24.8 million in exposure across several crypto-related stocks. That earlier activity included roughly 235,077 shares of Robinhood, valued at about $21.1 million, and 274,358 shares of Bitmine, valued at approximately $6.2 million, based on disclosed figures.
Strategy Context
The buying aligns with ARK’s long-standing investment approach of accumulating positions during periods of market stress in sectors it views as structurally positioned for long-term growth. The firm has consistently framed volatility in crypto markets as an opportunity to increase exposure to infrastructure, trading platforms, and stablecoin-related companies.
In its Big Ideas 2026 report, ARK Invest outlined expectations for continued expansion in digital asset markets, projecting that the sector could grow at an annual rate of approximately 61%, reaching $28 trillion by 2030. The firm said it expects Bitcoin to represent the majority of that growth, with smart contract platforms accounting for the remainder.
Institutional Crypto Exposure Expands Across Markets
ARK Invest’s accumulation of crypto-linked public equities coincides with broader moves by asset managers to deepen exposure to digital asset infrastructure. Earlier this week, Bitwise Asset Management acquired institutional staking provider Chorus One, expanding its yield-focused services for professional investors and integrating staking infrastructure directly into its asset management platform.
Together, the developments highlight a parallel trend across public and private markets: institutional players are increasing exposure to crypto through both equity positioning and infrastructure ownership, despite near-term market volatility. While ARK Invest activity reflects portfolio-level allocation decisions in public markets, Bitwise’s acquisition underscores continued investment in long-term digital asset services and yield generation.
