Catenaa, Friday, November 28, 2025- Ark Invest expanded its positions in several crypto-focused companies on Tuesday as prices fell across the sector.
A trade filing showed large purchases in Block, Circle Internet Group and Coinbase
The transactions came during a continued downturn in crypto markets driven by thin liquidity and uncertainty around broader economic conditions.
Ark bought $13.5 million in Block shares, $7.6 million in Circle and $3.86 million in Coinbase across its exchange traded funds.
Most of the buying took place through the Ark Innovation ETF, where Coinbase is the fourth largest holding at $391 million. Circle accounts for $179 million in the fund, while Block totals $85.2 million.
The firm also purchased $1.52 million in Bullish stock, $878,794 in Robinhood Markets and $2.8 million of its own Ark-21Shares spot bitcoin ETF.
Ark has increased its exposure to crypto-linked stocks in recent weeks as their valuations slipped.
Block closed at $63.69 on Tuesday, up nearly 3 percent for the day but down more than 20 percent this month. Circle ended at $70.11, down 3.62 percent on Tuesday and down about 51 percent over the past month. Coinbase dipped 0.72 percent and remains down 30 percent for the month.
The pullback in crypto-linked equities tracks a broader market retreat. Bitcoin trades at $87,948, well below the record high of $126,000 set six weeks ago as trading volumes remain light and macroeconomic uncertainty weighs on sentiment.
