ARK Invest Expands Crypto Exposure, Buys Shares Of BitMine & Bullish

ARK Invest resumed its crypto-equity buying spree, accumulating 169,407 BitMine shares across three ETFs on Friday, worth about $5.83 million.

The firm also purchased 75,515 Bullish shares valued at $2.91 million despite both stocks facing heavy sell-offs.

BitMine closed down nearly 6% at $34.40, while Bullish slid 6.19% to $38.48 before modest after-hours recovery.

The purchases follow ARK’s $46 million accumulation of Circle shares last week, marking its first buy since June when it sold 1.7 million Circle shares.

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