Cathie Wood’s Ark Invest continued to increase its exposure to crypto-related stocks on Tuesday, amid falling prices and a broader crypto market downturn.
According to its trade filing, Ark Invest purchased $13.5 million worth of Block. Inc shares, $7.6 million worth of Circle Internet Group and $3.86 million worth of Coinbase shares across several of its exchange-traded funds on Tuesday.
Ark bought the three companies’ shares mostly through the Ark Innovation ETF (ARKK). As of Tuesday, Coinbase represents the fund’s fourth-largest holding worth $391 million, accounting for roughly 5.22% of its portfolio. ARKK also holds $179 million worth of Circle, representing 2.39% of the fund. ARKK has $85.2 million worth of Block.
On Tuesday, Ark Invest also added $1.52 million worth of Bullish stock, $878,794 in Robinhood Markets and $2.8 million worth of its own Ark-21Shares spot bitcoin ETF.
The company has steadily added more crypto-related stocks to its ETFs in recent weeks, taking advantage of their recent market underperformance.
Block, the crypto-focused financial services and tech company co-founded by Jack Dorsey, closed up 2.96% on Tuesday at $63.69, but remains down 20.54% in the past month. USDC issuer Circle fell 3.62% yesterday to $70.11, which is 51% lower than its price a month ago. Coinbase also dipped 0.72% on Tuesday and 30% in the past month.
The drop in crypto-related stocks coincides with an ongoing crypto market depreciation primarily due to thin liquidity and uncertainty over the macroeconomic environment. Bitcoin is currently trading at $87,948, down from its $126,000 all-time high recorded just six weeks ago.
© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Trade Crypto On Coinhub Exchange
Trade Crypto On Coinhub Exchange
Stay ahead of the market by turning news insights into trading opportunities. With Coinhub Exchange, you can seamlessly buy, sell, and manage your digital assets, all in one secure platform. Take advantage of real-time market insights, deep liquidity, and fast execution for your favorite cryptocurrencies. Don’t just read about it — trade crypto now!
Disclaimer
The content of this article shown by Coinhub News, powered by The Block, is for informational purposes only and should not be construed as financial, legal, tax, or investment advice. Coinhub News and its affiliates are not a licensed financial advisor, legal advisor, broker, or tax advisor, and ... should not be considered as professional advice or a recommendation to engage in any specific investment, legal decision, or financial transaction. Cryptocurrency markets are highly speculative and volatile. Readers should perform their own independent research and consult with a qualified professional before making any financial or legal decisions. The opinions expressed in this article are those of the author and do not necessarily represent the views or opinions of the Company of its affiliates. Additionally, the Company does not make any representations or warranties regarding the accuracy, timeliness, reliability, or completeness of any information in this article. By accessing this content, you acknowledge that any reliance on the information contained in this article is solely at your own risk. The Company is not responsible for any financial losses, legal disputes, or other damages that may arise from reliance on this content or from any investment or legal decisions based on the information provided. Investing in cryptocurrencies involves substantial risks, including the risk of losing your entire investment, and you should carefully consider whether it is appropriate for your circumstances.
Read more
