February 13 News, Ark Invest, founded by Cathie Wood, has once again increased its holdings in cryptocurrency-related stocks, contrarily deploying during a period of market downturn. According to disclosed data, Ark purchased a total of 212,314 shares of Ethereum treasury company Bitmine through three ETFs, approximately $4.2 million based on the closing price of the day. Bitmine rose slightly by 1.4% to $19.74 that day, but has declined by 36.7% over the past month.
On the same day, Ark also increased its holdings by 74,323 shares of Bullish stock, worth about $2.4 million. This marks the 11th consecutive trading day Ark has added to this position. Bullish closed down 0.5% at $31.71, with a nearly 18% decline over the past 30 days. Additionally, Ark bought approximately 174,767 shares of Robinhood for about $12.4 million, which dropped 8.9% on the day, with its monthly decline expanding to 40%.
Ark’s investment portfolio adheres to a risk control rule that no single position exceeds 10%, so during periods of increased volatility, the fund often adjusts its holdings continuously to maintain structural stability. Currently, Bullish has become the ninth-largest holding in its ARKF fund, with a weight of about 3.4% and a market value approaching $30 million. Ark also holds significant positions in several crypto-related companies, including Circle, Block, and COIN.
From a macro perspective, major U.S. stock indices declined across the board on the same day, with the Dow Jones, Nasdaq, and S&P 500 all experiencing notable pullbacks. In the digital asset space, Bitcoin hovered around $66,700, and Ethereum approached $1,960, both near multi-year lows.
Against the backdrop of simultaneous pressure on traditional and crypto markets, Ark’s continuous accumulation is interpreted by some investors as an early move toward a cyclical recovery in crypto assets. Market watchers will next focus on whether prices form new support levels at the lows, potentially providing new directional signals for risk assets.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Yesterday, the U.S. XRP spot ETF saw a total net inflow of $64.6k in a single day
As of April 2, the U.S. XRP spot ETF had a total net inflow of $646,000 in a single day, with the Bitwise XRP ETF seeing a net inflow of $1.3138 million, for total net inflows reaching $378 million. The Canary XRP ETF had a net outflow of $1.2492 million in a single day, with total net inflows reaching $420 million. The total assets net asset value of the XRP spot ETF is $917 million.
GateNews34m ago
A new address received 488,600 HYPE from FalconX, worth $17.18 million
Gate News reports that on April 3rd, according to OnchainLens monitoring, a newly created wallet address received 488,599 HYPE tokens from FalconX, worth 17.18 million USD.
GateNews1h ago
Grayscale withdrew 11,169 ETH and 150.4 BTC from a certain CEX, totaling approximately $32.93 million
Gate News message, April 3, Grayscale withdrew 11,169 ETH (about $22.86 million) and 150.4 BTC (about $10.07 million) from a certain CEX, totaling approximately $32.93 million.
GateNews1h ago
Outflows Return for Bitcoin ETFs With $174 Million Exit
Bitcoin exchange-traded funds (ETFs) fell back into outflows after two days of gains, dragging ether along with them. XRP also declined, while solana ETFs remained inactive.
Ether Sees Renewed Selling as Bitcoin ETFs Lose $174 Million
The early-week rebound for crypto ETFs did not last long.
Coinpedia5h ago
Shiba Inu Golden Cross Emerges Amid Weak Market Signals
Key Insights
Shiba Inu’s hourly golden cross signals short-term strength, yet weak trading volume and rising exchange inflows highlight limited conviction among market participants.
Exchange inflows surged sharply within hours, suggesting increased profit-taking activity and adding pressure o
CryptoFrontNews6h ago
Bitcoin Think Tank recommends that Taiwan’s foreign exchange reserves include 5% BTC; if that happens, it would suddenly make Taiwan the world’s largest holder.
A recent report from Bitcoin Think Tank recommends that Taiwan allocate 1–5% of its foreign exchange reserves to Bitcoin to address geopolitical and economic risks. Although the Central Bank of Taiwan previously refused to do so due to high volatility and regulatory risk, the report argues that Bitcoin could increase the flexibility and resilience of Taiwan’s reserves, giving Taiwan more options when facing uncertainty.
ChainNewsAbmedia7h ago
