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
BIS Warning: Retail Gold Buying Surges 3x, Wall Street Accelerates Selling, Market Volatility Risk Rises Across the Board!
The Bank for International Settlements report shows that over the past six months, retail investors have significantly increased gold investments, with purchase volumes growing approximately threefold, while institutional investors have continuously reduced holdings, forming a stark contrast. Retail investors' allocation to gold ETFs has reached approximately $70 billion, reflecting strong demand for safe-haven assets. Meanwhile, accelerated institutional position reductions and selling have triggered a pullback in precious metal prices, particularly with silver declining 34%. The strengthening dollar and leveraged capital flows have also intensified market volatility.
GateNews6m ago
BIS: Retail Gold Purchases Tripled Over Past Six Months, Institutional Selling Accelerated in Same Period
International Settlement Bank data shows that retail investor gold purchases have tripled over the past six months, while institutional investors have accelerated selling. Retail investors have purchased approximately $70 billion in gold ETFs, driving precious metals higher, but price volatility has intensified. Meanwhile, the cryptocurrency market capitalization has declined approximately 43% from its peak.
GateNews6m ago
Ethereum Staking Rate Breaks Through 31%, Institutional Inflows Accelerate Supply Squeeze
Ethereum's staking rate broke through 31.1% in March, reaching an all-time high, while centralized exchange ETH reserves fell to a new low. This has created a tightening effect on circulating supply, attracting institutions like BlackRock and Grayscale to accelerate staking. Staking activities demonstrate institutional confidence in Ethereum and may further influence ETH price. Supply tightening helps stabilize prices, but does not necessarily lead to appreciation.
MarketWhisper6m ago
Bitcoin OG Large-Scale Profit-Taking Sale, Whale Transfers 1650 Bitcoin
Recently, early Bitcoin holders have engaged in large-scale selling, drawing market attention. Two Bitcoin OGs achieved profits of approximately $330 million combined, with one accumulating Bitcoin at an average price of $332 in 2013 and recently transferring 1,000 BTC. Meanwhile, exchange whale capital inflow ratios reached an 8-month high, indicating that large holders are dominating the market. Bitcoin price continues to face pressure, declining over 43% from its all-time high.
MarketWhisper35m ago
OG Dumps Approximately $72 Million in BTC, Bitcoin Whale Influx into Exchange Sends Strong Selling Pressure Signal
Recently, multiple early Bitcoin holders have concentrated on selling, attracting market attention. A whale address sold 1,000 BTC, early investor Owen Gunden offloaded approximately 650 BTC, impacting market sentiment. Bitcoin's price declined by about 4.5%, with long-term holders' position reduction combined with macro uncertainty putting pressure on short-term momentum. Analysis suggests that whales transferring to exchanges may signal subsequent selling pressure.
GateNews1h ago
Abraxas Capital Increases Gold Short Position, Total Holdings Rise to $18.8 Million
Gate News reported that on March 19th, according to monitoring by The Data Nerd, Abraxas Capital continued to add to its gold short positions today. Currently, its gold short position holdings have increased to approximately $18.8 million, becoming the largest position among all of the institution's holdings.
GateNews1h ago
