ARK Invest’s Crypto Exposure Tops $2.15B as Bullish Holdings Rise Across 3 Funds
ARK Invest has increased its stake in Bullish by 105,000 shares, totaling 2.27 million shares valued at approximately $114 million. This investment contributes to ARK's total crypto exposure, which now exceeds $2.15 billion across its three actively managed ETFs—ARKK, ARKW, and ARKF. ARK has made these investments by reallocating from traditional tech holdings like Palantir and Shopify, with cryptocurrency now comprising 29% of ARKF, 25.7% of ARKW, and 17.7% of ARKK. Major holdings include stakes in Coinbase, Robinhood, and Circle, driving the firm's focus on digital asset infrastructure. This expansion signifies ARK's commitment to the blockchain and crypto sectors, further solidifying its footprint in these emerging markets.
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