ARK Invest’s Crypto Exposure Tops $2.15B as Bullish Holdings Rise Across 3 Funds

Group 1 - ARK Invest has increased its stake in Bullish by over 105,000 shares, valued at approximately $5.3 million, bringing its total position to about 2.27 million shares worth $114 million at a closing price of $50.57 per share [1][2] - This investment is part of ARK's ongoing strategy to deepen its involvement in digital asset infrastructure, which includes a significant investment of $172 million when Bullish went public via a $1.1 billion IPO earlier this year [2] - Bullish constitutes 0.94% of ARKK, 0.95% of ARKW, and 1.15% of ARKF, indicating its growing importance within ARK's portfolio [2] Group 2 - ARK's total exposure to blockchain and crypto-related companies across its three ETFs exceeds $2.15 billion, with notable holdings in Coinbase, Robinhood, Circle, and BitMine [3] - To accommodate these investments, ARK has reduced its holdings in traditional tech companies such as Palantir and Shopify [3] - ARKF has the highest allocation to crypto-related assets at 29%, followed by ARKW at 25.7% and ARKK at 17.7% [3] Group 3 - Major stakes in Coinbase amount to over $675 million across all three funds, alongside investments in Robinhood and Circle, as well as products linked to staking of ether and solana through ETFs like ETHQ/U and SOLQ/U [4]