【BlockBeats】Crypto stocks haven’t performed well this year, but Ark Invest is actually increasing its holdings. On Wednesday, Cathie Wood’s investment management firm was very active — quickly adding to three of its ETFs.
Specifically, three crypto-related stocks—BitMine, Coinbase, and Bullish—were included. How aggressive was the investment? BitMine invested $10.56 million, Coinbase added $5.9 million, and Bullish followed with $8.85 million. In total, these three investments amount to approximately $25 million.
Interestingly, although institutions are buying, market reactions haven’t been particularly positive. Take BitMine as an example: on Wednesday, it plummeted 6.59%, closing at $29.32. Even more painfully, compared to five days ago, this stock has lost nearly a quarter of its value. In a market full of uncertainty, is this move a strategic vision or just taking a hit? Up to you to decide.
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NFTFreezer
· 2025-12-21 00:14
Cathie Wood really dares to do it. The market is like this, and she's still bottom fishing. But on the other hand, the plunge is so fierce, it's really brutal.
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MEVHunter
· 2025-12-20 15:50
wood's dumping 25M into the dip but price action says nobody cares... classic institutional trap or genuine accumulation play? mempool's too quiet on this one. smells like they know something we don't or they're just bagholding into a dead cat bounce. either way, BitMine down 25% in 5 days? that's not conviction buying, that's desperation. where's the alpha?
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MEVHunterBearish
· 2025-12-19 20:21
Cathie Wood really dares to buy. Still accumulating at this time, either she truly believes or she's waiting to bottom fish.
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LiquidityWizard
· 2025-12-18 05:08
Big institutions are pouring money into the market, yet it still falls. This is quite awkward haha
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DataOnlooker
· 2025-12-18 05:07
ARK is still buying at this time. Is it true faith or bottom fishing? I can't quite understand.
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SilentAlpha
· 2025-12-18 05:07
Cathie Wood still dares to buy the dip as always; this pace is truly unmatched.
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GasWastingMaximalist
· 2025-12-18 04:53
Haha, Cathie Wood is buying the dip again. This time, it's really a bloodbath.
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RooftopReserver
· 2025-12-18 04:40
Sister Mu's move is really impressive, but the market doesn't buy it... It's a bit outrageous.
Ark Invest increases crypto stock holdings against the trend, investing over $25 million in a single day
【BlockBeats】Crypto stocks haven’t performed well this year, but Ark Invest is actually increasing its holdings. On Wednesday, Cathie Wood’s investment management firm was very active — quickly adding to three of its ETFs.
Specifically, three crypto-related stocks—BitMine, Coinbase, and Bullish—were included. How aggressive was the investment? BitMine invested $10.56 million, Coinbase added $5.9 million, and Bullish followed with $8.85 million. In total, these three investments amount to approximately $25 million.
Interestingly, although institutions are buying, market reactions haven’t been particularly positive. Take BitMine as an example: on Wednesday, it plummeted 6.59%, closing at $29.32. Even more painfully, compared to five days ago, this stock has lost nearly a quarter of its value. In a market full of uncertainty, is this move a strategic vision or just taking a hit? Up to you to decide.