Ark Invest, led by
Cathie Wood, continues its bullish stance on cryptocurrencies, particularly
Bitcoin, and expects its price to reach between
$300,000 and
$1.5 million by 2030. Despite a volatile Q4, causing stocks including COIN, BMNR, and HOOD to lead losses across ARK ETFs, Ark Invest expanded holdings to $129M. Wood refers to Bitcoin as a 'good source of diversification' for investors seeking higher returns, and continues to buy shares of companies related to the cryptocurrency during periods of stock decline, such as $15.6M BitMine shares and $16.5M Coinbase (COIN) stocks.
Coinbase, although seen as a major detractor to ARK ETFs in Q4, still sees buying interest from ARK with recent events such as the exchange's 'System Update'. Furthermore, Ark Invest continues to load up more shares from Coinbase, BitMine, and Circle signaling a potential crypto rally.
Securitize, a BlackRock-Backed firm is one of ARK Invest's investments, showcasing their interest in tokenization. The investment fund's crypto exposure has peaked $2.15B, with a $59M investment in crypto stocks amid market slide. Despite record highs, Ark Invest sold over $95M of Coinbase shares.
ARK Coin News Analytics from Thu, 05 Jun 2025 07:00:00 GMT to Sat, 17 Jan 2026 20:37:30 GMT -
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