ARK Invest Buys $60 Million in Coinbase, BitMine, Circle

• ARK Invest bought about $60 million in crypto stocks on December 15, 2025.
• Coinbase, Circle, BitMine, Bullish, and CoreWeave led the buying list.
• The buys landed during a selloff, keeping ARK’s crypto equity bet intact.

Cathie Wood’s ARK Invest bought into the latest crypto equity downturn, putting about $60 million across several publicly listed digital-asset and infrastructure firms as the sector slid for multiple sessions.

According to daily trade disclosures and third-party trackers, ARK Invest purchased shares of Coinbase Global, Circle Internet Group, Bullish, BitMine Immersion Technologies, and CoreWeave during the pullback. The purchases came as crypto-related equities stayed under pressure, tracking broader volatility across digital assets and high-beta tech.

An ARK trade tracker flagged the buys in the firm’s daily filings, showing the orders spread across ARK products that hold crypto-linked names.

On the day of ARK’s buying activity, BitMine shares fell more than 11%, while Circle declined nearly 10%. CoreWeave dropped by nearly 8%, Coinbase slid by over 6%, and Bullish continued its broader downward trend. Despite the declines, ARK’s activity showed a familiar playbook: add exposure as prices fall, instead of trimming into weakness.

Related: Ark Invest Scoops Up Block, Circle, and Crypto Stocks During Market Sell-Off

Crypto-linked companies already represent a large share of ARK’s holdings. Public portfolio data circulating in market reports put ARK’s Coinbase position near $609 million before the latest buys, with Circle near $323 million, BitMine near $275 million, Bullish near $194 million, and CoreWeave near $140 million. The latest purchases added to that stack, keeping crypto equities central to ARK’s theme mix.

Coinbase Buys Lead ARK’s Crypto Equity Adds Across Multiple Funds

Coinbase accounted for a major portion of the recent activity. While COIN shares corrected more than 6% on Dec. 15, ARK Invest acquired a total of 64,946 shares, representing an estimated $16.3 million investment. The purchases were spread across several ARK products, including the ARK Innovation ETF (ARKK), the ARK Next Generation Internet ETF (ARKW), and the ARK Blockchain & Fintech Innovation ETF (ARKF).

ARK had also added Coinbase shares roughly two weeks earlier, continuing a pattern of accumulation during periods of price weakness.

Coinbase Technical Picture Stays Rangebound as Chart Watchers Mark Key Levels

Market analyst commentary cited alongside the data noted that Coinbase shares have been consolidating between the 50-week and 100-week moving averages over the past month. The price action has remained range-bound, with no clear directional signal over the near term.

However, the same analysis observed that the broader technical structure continues to reflect higher highs and higher lows. Based on that structure, support has been identified around the $250 level, where price stabilization could occur if selling pressure eases.

Related: Ark Invest Goes on a Buying Spree with Coinbase, Bullish, and Circle Stocks