TLDR
- Cathie Wood’s Ark Invest bought $13.5 million in Block, $7.6 million in Circle, and $3.86 million in Coinbase on November 25
- Crypto stocks have dropped sharply with Circle down 51%, Coinbase down 30%, and Block down 20.54% over 30 days
- Bitcoin fell from $126,000 all-time high to current price of $87,948 in just six weeks
- ARKK now holds $391 million in Coinbase, making it the fund’s fourth-largest position at 5.22%
- Additional purchases included Bullish, Robinhood, and Ark’s own bitcoin ETF totaling $5.2 million
Cathie Wood’s Ark Invest made significant purchases in cryptocurrency-related stocks this week despite ongoing market weakness. The investment firm bought $13.5 million worth of Block Inc., $7.6 million in Circle Internet Group, and $3.86 million in Coinbase shares on November 25, 2025.
The trades occurred through several Ark exchange-traded funds. The Ark Innovation ETF handled most of the buying activity. The fund trades under the ticker symbol ARKK on public markets.
Ark Invest also purchased smaller positions in other digital asset companies. The firm added $1.52 million in Bullish stock, $878,794 in Robinhood Markets shares, and $2.8 million in the Ark-21Shares spot bitcoin ETF.
These purchases happened while cryptocurrency markets experienced steep declines. Block stock closed at $63.69 on Tuesday, gaining 2.96% for the day. However, the stock has fallen 20.54% over the previous month.
Circle dropped 3.62% on Tuesday to close at $70.11. The stablecoin issuer has lost 51% of its value compared to one month ago. Coinbase declined 0.72% on Tuesday and has dropped 30% over the past 30 days.
Current Holdings Breakdown
The Ark Innovation ETF maintains different exposure levels to each company. Coinbase represents the fourth-largest holding in ARKK with a total value of $391 million. This position accounts for 5.22% of the entire fund.
Circle holdings stand at $179 million, representing 2.39% of the portfolio. Block accounts for $85.2 million in total value. These three stocks form the core of Ark’s cryptocurrency sector exposure.
The buying pattern follows Ark Invest’s established strategy of adding positions during price drops. The firm has steadily increased its crypto stock holdings over recent weeks.
Market Performance and Context
Bitcoin currently trades at $87,948 per coin. This represents a steep decline from the $126,000 all-time high recorded six weeks earlier. The cryptocurrency has lost roughly 30% of its value during this period.
The broader crypto market faces challenges from multiple sources. Trading volume has decreased across major exchanges. Uncertainty about economic conditions has pushed investors toward safer assets.
Block operates as a financial technology company with strong cryptocurrency focus. Jack Dorsey co-founded the company and continues to drive its Bitcoin strategy. The firm provides payment processing services and digital wallet products.
Circle creates infrastructure for the USDC stablecoin. The company enables global money transfers through blockchain technology. Its products serve both businesses and individual users.
Coinbase functions as a major cryptocurrency exchange platform. The company processes billions in trading volume each month. It serves retail traders and institutional investors through different product offerings.
Ark Invest has maintained its focus on digital finance companies throughout market cycles. The firm builds positions in blockchain technology and cryptocurrency businesses. These trades demonstrate continued confidence in the sector despite short-term price pressure.
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