ARK Invest Snaps Up $23.5M in BitMine and Bullish Shares Across Flagship ETFs

Cathie Wood’s ARK Invest stepped up its bets on crypto-related equities Friday buying more than $23.5 million in BitMine Immersion Technologies (BMNR) and crypto exchange Bullish the parent company of CoinDesk across three of its actively managed ￰0￱ disclosures show the ARK Innovation ETF (ARKK)

ARK Next Generation Internet ETF (ARKW) and ARK Fintech Innovation ETF (ARKF) collectively picked up 387,000 shares of BitMine and 144,000 shares of Bullish worth over $23.5 million at Friday’s ￰1￱ led the way adding 257,108 BitMine shares and 81,811 Bullish shares while ARKW and ARKF split the ￰2￱ with these additions

ARK trimmed stakes in DraftKings Roku Roblox and chipmaker ￰3￱ is currently ether’s largest treasury firm holding 1.87 million ETH worth more than $8 ￰4￱ shares dropped 0.3% in Friday’s trading session

and an additional 1.17% in after hours ￰5￱ went public in August through a $1.1 billion IPO after scrapping an earlier SPAC ￰6￱ was a major buyer on day one snapping up $172 million worth of ￰7￱ stock gained 6% on Friday building on momentum from its debut but is down 1.5% in after hours trading.