Crypto-linked stocks remain under heavy pressure, extending a multi-day selloff that has dragged some of the sector’s biggest public names deeper into the red. While prices continued to slide, Cathie Wood’s ARK Invest stepped in aggressively, signaling confidence in the long-term outlook despite near-term volatility.
As selling accelerated across crypto equities, ARK moved against the trend, adding meaningful exposure to exchanges, infrastructure firms, and miners that have been hit hard over recent sessions.
Nearly $60 Million Deployed Into Crypto Names
According to ARK’s latest disclosures, the firm invested close to $60 million into crypto-related stocks during the downturn. The purchases were spread across several major players, led by Coinbase, Bullish, and Circle, alongside infrastructure-focused names like Bitmine Immersion Technologies and CoreWeave.
Coinbase attracted the largest allocation, followed by sizeable additions to Circle and Bitmine. Bullish and CoreWeave also saw fresh inflows as ARK used the selloff to scale into positions rather than wait for price stabilization.
Crypto Stocks Extend Multi-Day Decline
The buying came as crypto equities posted another round of sharp losses. Bitmine led the decline with double-digit percentage losses, while Circle, CoreWeave, Coinbase, and Bullish all recorded steep drops. The weakness builds on several sessions of downside pressure, reflecting broader caution around crypto markets, regulation, and risk assets.
The speed and depth of the selloff suggest investors are de-risking aggressively, even from companies with strong balance sheets and established market positions. That has created what ARK appears to see as a valuation opportunity rather than a warning sign.
A Familiar ARK Playbook
Buying into weakness is nothing new for Cathie Wood’s firm. ARK has consistently leaned into volatility, preferring to accumulate positions during drawdowns instead of chasing rallies. The latest purchases align with that strategy, reinforcing the view that current prices undervalue long-term growth prospects in crypto infrastructure.
Crypto-focused stocks already make up a substantial portion of ARK’s portfolio. Coinbase remains one of its largest holdings, alongside Circle, Bitmine, Bullish, and CoreWeave. The recent dip buying added to positions that were already significant, highlighting conviction rather than a short-term trade.
What This Signals for the Market
ARK’s move doesn’t guarantee an immediate bottom for crypto stocks, but it does signal institutional confidence amid widespread fear. As volatility persists, the contrast between retail caution and long-term accumulation by funds like ARK could become a key theme shaping the next phase of the crypto equity cycle.
For now, ARK is clearly betting that today’s pain sets the stage for tomorrow’s recovery.
Trust with CoinPedia:
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:
All opinions and insights shared represent the author’s own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
