Ark Invest Buys the Slide, Adds Almost $40M of Crypto Stocks, as Market Drops
Analysis
Price Impact
MedArk invest's purchase of nearly $40m in crypto-related stocks (bullish, circle, bitmine) during a market dip signals institutional confidence in the long-term value of the crypto market. while not directly buying btc or eth, their investment in key infrastructure players like an ether asset treasury firm (bitmine) and a stablecoin issuer (circle) indicates a belief in the underlying assets and ecosystem, potentially boosting sentiment for btc and eth.
Trustworthiness
HighArk invest, led by cathie wood, is a prominent institutional investor with a well-known, long-term bullish stance on disruptive technologies including cryptocurrency. their 'buying the dip' strategy is consistent with their investment philosophy and public disclosures.
Price Direction
BullishArk invest's move suggests they perceive the recent market downturn as a temporary correction and that the long-term growth trajectory for crypto assets remains intact. this institutional 'bargain hunting' can provide a floor for prices and encourage other investors, fostering a bullish sentiment.
Time Effect
LongArk invest's investment strategy is inherently long-term. buying during a dip is typically a strategy to accumulate assets at lower prices for significant returns over an extended period, rather than for immediate short-term gains.
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Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Ark Invest Buys the Slide, Adds Almost $40M of Crypto Stocks, as Market Drops Cathie Wood's investment manager added to its holdings of Bullish (BLSH), Circle Internet (CRCL) and Bitmine (BMNR) as all three companies' stock prices fell. By Jamie Crawley | Edited by Sheldon Reback Nov 20, 2025, 10:03 a.m. Ark Invest's Cathie Woods (Danny Nelson/CoinDesk, modified by CoinDesk) What to know : Ark Invest added to its holdings of Bullish (BLSH), Circle Internet (CRCL) and Bitmine (BMNR) as the crypto market fell on Wednesday. Circle and Bitmine both dropped by around 9%, while Bullish lost 3.63%. The investment management firm often goes bargain hunting when share prices fall. Ark Invest added $39.6 million to its holdings of three crypto company shares on Wednesday as the broader crypto market dropped. Cathie Wood's investment management firm added 463,598 shares of crypto exchange Bullish (BLSH), worth $16.9 million at the close of trading, according to an emailed disclosure. It also bought 216,019 shares of stablecoin issuer Circle Internet Group (CRCL) and 260,651 of ether ETH $ 3,033.72 asset treasury firm Bitmine Immersion Technologies (BMNR), worth $15.1 million and $7.6 million, respectively. STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy . The St. Petersburg, Florida-based company holds crypto and crypto-adjacent shares in three of its exchange-traded funds (ETFs): Innovation (ARKK), Next Generation Internet (ARKW) and Fintech Innovation (ARKF). The slide in the cryptocurrency market, which saw bitcoin BTC $ 92,123.27 fall as low as $89,000 this week , has taken a bite out of the shares prices of crypto firms. Both CRCL and BMNR dropped by around 9% on Wednesday, while BLSH, which owns CoinDesk, lost 3.63%. The CoinDesk 20 index ( CD20 ) fell 3.22%. Ark Invest frequently goes bargain hunting when share prices appear depressed , sometimes to gain maximum value from equities it remains bullish on in the long term and sometimes to rebalance the holdings of its ETFs within its targeted parameters. ARK Invest More For You Protocol Research: GoPlus Security By CoinDesk Research Nov 14, 2025 Commissioned by GoPlus What to know : As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M. GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month. Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B. View Full Report More For You BlackRock Takes First Step Toward a Staked Ether ETF By Sam Reynolds | Edited by Omkar Godbole 2 hours ago A new Delaware filing for the iShares Staked Ethereum Trust signals BlackRock’s intent to enter the yield-bearing ether market as issuers wait for SEC clarity on staking. What to know : BlackRock has registered the iShares Staked Ethereum Trust ETF in Delaware, signaling its intent to enter the staked ether ETF market. The registration is a preliminary step and not yet a formal application under the Securities Act of 1933. BlackRock's move follows VanEck's similar registration, as issuers await regulatory clarity on including staking in U.S. ETFs. 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