ARK Invest Drops Millions Into Crypto Stocks While Wall Street Runs for the Exit

As most institutional traders step back from crypto exposure during one of the sharpest market pullbacks of the year, ARK Invest is doing the opposite - spending aggressively across the sector and spreading its bets among exchanges, miners, brokerages and Bitcoin funds.

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Key Takeaways:

ARK is buying crypto equities while others are selling.
Bullish, BitMine, Circle, Robinhood and ARKB were the focus.
ARK is positioning early for a potential market rebound.

Instead of trimming risk like many asset managers, ARK has spent the past several days adding fresh positions across multiple ETFs. The most visible push has centered on Bullish, which has become a recurring target across ARKK, ARKF and ARKW. By Friday alone, the firm funneled roughly $2 million into the stock following a near 6% surge — a move signaling confidence rather than caution.

The appetite didn’t stop there. BitMine continued to receive heavy inflows from ARK, with close to $830,000 worth of shares purchased on Friday across three of its funds. Despite BitMine closing marginally lower on the day, ARK treated the dip as another entry point rather than a warning sign.

Smaller additions were directed toward Circle and Robinhood, reflecting a strategy of broad selection rather than a single high-conviction bet. Roughly $250,000 of Circle and $200,000 of Robinhood were picked up as both stocks traded in positive territory.

Bitcoin ETFs Added to the Map — Even as Outflows Spike

The one segment most investors are moving away from — Bitcoin ETFs — is another area ARK leaned into. A combined purchase of nearly $600,000 worth of the ARK 21Shares Bitcoin ETF (ARKB) was processed on Friday, representing more than 20,000 new shares across ARKF and ARKW.

This comes during the ETF segment’s roughest stretch since inception: nearly $1 billion in net outflows hit U.S. spot Bitcoin ETFs on Thursday, the second-largest daily withdrawal ever recorded. Over the past month, around $4 billion has exited the category, closely mirroring a 30% decline in Bitcoin’s price from recent highs.

Yet ARK’s stance remains unwavering — it is buying directly into the selloff rather than waiting for stabilisation.

Thursday Was the Big Turning Point

The most aggressive session wasn’t Friday — it was Thursday. On that day alone, ARK went on its single largest shopping run of the week:

• $10.1M in Coinbase
• $9.9M in BitMine
• $9M in Circle
• $9.65M in Bullish

Plus the addition of $16.8M in Nvidia and $6.8M in Robinhood.

Earlier in the week, the firm had already loaded up with millions more in Bullish, Circle and BitMine across ARKF, ARKW and ARKK, demonstrating that the buying wasn’t impulsive — it was planned.

The Bigger Picture

ARK’s latest moves paint a clear narrative: it is positioning for a recovery long before most institutions are willing to. Whether the strategy proves visionary or premature will depend on how quickly the crypto sector stabilizes — and whether Bitcoin ETFs regain investor confidence.