ARK Invest buys $56M of crypto stocks as Bitcoin and equities slide
Cathie Wood’s ARK Invest added to crypto‑exposed equities on 15 December 2025, buying shares of BitMine, Coinbase, Circle Internet Group, Block and Bullish after a broad market pullback.
The firm also increased its position in the ARK 21Shares Bitcoin ETF, according to the manager’s daily trade disclosure filed around the New York close.
ARK Invest reported purchases of approximately $17 million in BitMine Inc. stock, $16.26 million in Coinbase Global Inc. shares and $10.8 million in Circle Internet Group, spread across three exchange‑traded funds: ARK Innovation ETF (ARKK), ARK Next Generation Internet ETF (ARKW) and ARK Fintech Innovation ETF (ARKF). The firm also bought roughly $5.94 million of Block Inc. and $5.2 million of Bullish Group shares, alongside about $1.24 million of additional units of its spot bitcoin product.
All six securities finished lower on 15 December. BitMine closed down 11.22% at $30.95. Coinbase fell 6.37% to $250.42, alongside broader discussion of Сoinbase alternatives, while Circle declined 9.60% to $75.46. Block slipped 1.13% and Bullish fell 2.55%. The ARK 21Shares Bitcoin ETF ended the session down 4.91%.
Digital assets weakened alongside equities. As of 23:10 Eastern Time on 15 December, bitcoin (BTC) was down 4.08% at $85,799, and ether (ETH) was down 5.74% at $2,931. The moves extended a broader retreat across crypto markets following recent highs earlier in the quarter.
Earlier in December, ARK Invest founder and chief executive Cathie Wood reiterated remarks from a recent webinar, saying the firm sees “undercurrents of deflation” associated with advances in technology and forecasting a potential “real break” in inflation in the year ahead. The comments followed a series of reallocations within ARK’s actively managed ETFs as crypto‑linked stocks pulled back from October peaks.
GNcrypto background: In a June 22, 2022 report, we noted that Cathie Wood’s net worth declined to about $140 million from $400 million during the 2022 crypto drawdown, removing her from Forbes’ self‑made list. Morningstar downgraded ARK Innovation ETF to Negative over risk management and portfolio concentration. The article also recorded her public support for bitcoin and comparisons to MicroStrategy amid large unrealized losses. That cycle context helps frame ARK’s latest purchases against a history of sharp market swings and fast shifts in investor sentiment.
The material on GNcrypto is intended solely for informational use and must not be regarded as financial advice. We make every effort to keep the content accurate and current, but we cannot warrant its precision, completeness, or reliability. GNcrypto does not take responsibility for any mistakes, omissions, or financial losses resulting from reliance on this information. Any actions you take based on this content are done at your own risk. Always conduct independent research and seek guidance from a qualified specialist. For further details, please review our Terms, Privacy Policy and Disclaimers.
Articles by this author
