ARK Invest Ramps Up Bullish and BitMine Buys as Crypto Stocks Rebound

[mendez]

ARK Invest ended the week with an aggressive accumulation push across its flagship ETFs, snapping up positions in Bullish, BitMine, Circle, Robinhood, and several Bitcoin ETFs.
Bullish was the largest target: ARKK, ARKF and ARKW collectively purchased roughly $2 million as the stock gained 5.75% on Friday.
ARK also added $830,000 of BitMine, keeping its position steady despite the miner’s slight pullback. The firm rounded out its buying spree with $250,000 in Circle shares and $200,000 in Robinhood.

[Rimon Khan]

ARK catching the rebound early might pay off if momentum continues.

[Nahid Hossen]

Crypto-related equities recovering is a strong market signal.