$ARK Invest expanded its exposure to crypto-linked equities on Thursday, adding to positions in Bitmine, Bullish, and Robinhood.
The firm, led by Cathie Wood, purchased 212,314 shares of Bitmine across three exchange-traded funds, a position valued at approximately $4.2 million. Bitmine shares rose 8% to $21.47 by midday Friday.
$ARK also acquired 74,323 shares of Bullish worth about $2.4 million, marking the eleventh consecutive trading day it has increased its stake in the crypto exchange. Bullish shares climbed 3.6% to $32.85.
In addition, $ARK bought 174,767 shares of Robinhood valued at $12.4 million. The brokerage’s stock rose 7.4% to $76.40.
According to $ARK’s latest disclosures, Bullish is now the ninth-largest holding in the firm’s ARKF ETF, representing a 3.4% weighting valued at nearly $30 million.
The firm’s flagship $ARK Innovation ETF rose 3.5% on Friday. Despite the rebound, the ETF remains down roughly 24% from its multi-year high of $92 reached in October 2025, trading near $70.7 at press time.