Cathie Wood’s Ark Invest Leans Into Crypto Dip With Fresh Bitmine And Circle Purchases
Cathie Wood’s Ark Invest stored shopping for into the crypto hunch, including to positions tied to digital property as Bitcoin steadied within the mid $70,000s and sentiment stayed fragile.
Trade disclosures confirmed the agency’s ETFs purchased about $3.25M of Bitmine Immersion Technologies on Tuesday, including publicity to a inventory that has tracked the broader slide in crypto-linked names.
The agency additionally added roughly $2.4M of Circle Internet Group by way of its funds, in accordance with the identical filings.
In addition, Ark picked up about $3.5M of Bullish, and it purchased about $630,606 of Coinbase.
Ark Steps Up Buying As Bitcoin Slips And Risk Appetite Weakens
The purchases landed in a market nonetheless formed by deleveraging and shaky threat urge for food. Bitcoin had slipped beneath $80,000 earlier within the week, and the pullback stored strain on crypto-related equities as buyers reassessed how a lot threat they needed to hold.
Ark’s Tuesday trades adopted a heavier round of buying on Monday, when the agency disclosed about $24.8M of added publicity throughout a number of crypto-exposed names, with Robinhood and Bitmine among the many greatest provides.
@CathieDWood’s ARK Invest added ~$24.8M in crypto shares regardless of market weak point, boosting publicity to @RobinhoodApp, @circle, Coinbase, and @BitMNR as $BTC dipped beneath $80,000#CathieWood #CryptoStocks #BTChttps://t.co/wCzlPlJH86
— Cryptonews.com (@cryptonews) February 3, 2026
That earlier submitting included roughly 235,077 shares of Robinhood valued at about $21.1M, alongside 274,358 shares of Bitmine price roughly $6.2M, primarily based on the disclosed figures.
Long-Term Crypto Thesis Drives Ark’s Buy-The-Dip Strategy
The shopping for matches Ark’s long-running view that steep drawdowns can create entry factors in public markets linked to crypto infrastructure, buying and selling and stablecoins, particularly when liquidity thins and volatility shakes out quick cash.
In its Big Ideas 2026 report, Ark laid out the upside it still sees in the sector. The agency stated the market “might develop at an annual charge of ~61% to $28 trillion in 2030”.
The agency additionally expects Bitcoin to dominate that blend. “We imagine Bitcoin might account for 70% of the market,” it stated, with the rest led by good contract networks resembling Ethereum and Solana.
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