Cathie Wood’s Ark Invest Scoops Up $37M in Bullish and Robinhood: A Bold Bet on Crypto’s Future?
Cathie Wooden’s Ark Make investments has continued its aggressive push into crypto-related equities, scooping up $21.2 million in Bullish shares and $16.2 million in Robinhood inventory on August 19, 2025.
The purchases, made by the agency’s flagship ARK Innovation ETF (ARKK), spotlight Ark’s conviction in digital asset infrastructure at the same time as broader crypto shares tumbled.
In accordance with Ark’s newest submitting, the fund acquired 356,346 shares of Bullish and 150,908 shares of Robinhood.
This marks the third consecutive buying and selling day Ark boosted its Robinhood place, following earlier buys of $14 million on Monday and $9 million final Friday. The strikes increase Ark’s publicity to platforms shaping the way forward for buying and selling and digital finance.
Bullish and Robinhood Slide Amid Market Promote-Off
Regardless of Ark’s heavy shopping for, each shares ended sharply decrease on the day. Bullish dropped 6.09% to $59.51, slipping an extra 3.24% in after-hours buying and selling, whereas Robinhood fell 6.54% to $107.50 and misplaced one other 1.23% post-market.
The sell-off wasn’t remoted. Different crypto-linked equities additionally suffered, with Coinbase down 5.82%, Galaxy Digital plunging 10.06%, Technique sliding 7.43%, and Circle off 4.49%.
The Nasdaq Composite fell 1.46% as traders pulled again forward of the U.S. Federal Reserve’s Jackson Gap symposium, the place coverage alerts are anticipated to form market sentiment.
A Strategic Wager on Crypto’s Lengthy-Time period Progress
Ark’s newest transfer builds on a $172 million allocation to Bullish final week, when the Cayman Islands-based change made its extremely anticipated debut on the New York Inventory Trade.
With Ark now holding greater than 1.1 million Bullish shares valued at roughly $73.85 million, the agency is betting huge on the platform’s position within the evolution of crypto markets.
Equally, Robinhood has turn out to be one in all Ark’s most constant crypto-adjacent holdings. The current spree will increase its share of ARKK’s portfolio to over 4%, highlighting Ark’s perception within the platform’s long-term potential regardless of short-term volatility.
Wooden’s funding technique mirrors confidence in crypto’s ongoing institutional adoption, as corporations like Gemini, OKX, and Kraken discover IPOs. Ark additionally maintains important positions in Circle and Coinbase, additional engraving its position as one in all Wall Road’s most vocal champions of digital belongings.
As volatility shakes out weaker palms, Ark’s contrarian bets could place it to capitalize if crypto markets rebound, elevating the query: is that this a daring gamble, or a protracted recreation out there?
Cowl picture from ChatGPT, TotalCrypto chart from Tradingview
