Catenaa, Friday, February 06, 2026-Ark Invest increased its exposure to crypto-linked equities, purchasing shares of Circle, Bitmine and Bullish as prices across the sector continued to decline.
Trade filings show the asset manager bought about $9.4 million worth of Circle shares across two exchange-traded funds on Monday.
Ark also added roughly $6.25 million in shares of Bitmine, an Ethereum-focused treasury firm, and about $6 million in shares of Bullish, a crypto exchange operator.
Smaller additions were made to existing positions in Block Inc. and Coinbase, totaling about $1.9 million and $1.25 million, respectively, according to the filings.
The purchases came during a period of broad weakness in crypto-related stocks. Circle shares closed down nearly 8% on Monday at $58.86 and are lower by about 65% over the past six months. Bitmine shares fell about 9% during the session, while Bullish declined nearly 5%. Coinbase ended the day down about 3.5%.
The pullback has tracked a wider downturn in the crypto market. Bitcoin was trading near $78,600 at the time of reporting, down almost 11% over the past week. Ether dropped about 20% over the same period to roughly $2,330.
Ark’s latest trades signal continued confidence in digital asset firms despite recent market pressure. The firm has historically used periods of price weakness to build positions in sectors it views as long-term growth themes.
Ark Invest has remained active in crypto-related investments as volatility persists across both digital assets and publicly traded companies tied to the sector.
