ARK Invest boosted its crypto-linked holdings, buying $5.8 million in BitMine and $2.9 million in Bullish shares amid market dip.
ARK Invest has ramped up its exposure to crypto-linked equities, scooping up more BitMine Immersion Technologies and Bullish shares across several of its exchange-traded funds as markets continued to slide.
According to ARK’s daily trade disclosures from Friday, the ARK Fintech Innovation ETF (ARKF) added 18,089 shares of BitMine, the ARK Next Generation Internet ETF (ARKW) purchased 34,637 BitMine shares, while the ARK Innovation ETF (ARKK) added 116,681 — bringing the total purchases for the day to 169,407 shares, worth roughly $5.83 million.
Separately, ARKF bought 8,063 Bullish shares, ARKW added 15,441 shares and ARKK acquired 52,011 shares. This brings ARK’s total Bullish purchases for the day to 75,515 shares, valued at approximately $2.91 million.
