Ark Invest's ten consecutive purchases betting on crypto stocks: Bullish and Circle become Cathie Wood's new trump cards

BTC-0,49%
ETH-0,86%

February 12 News, in 2026, Cathie Wood’s Ark Invest has once again taken action by continuously increasing its holdings in crypto-related assets through multiple ETFs. According to the latest disclosures, the firm bought a total of 364,044 shares of Bullish stock on Wednesday, worth approximately $11.6 million based on the closing price that day. This marks Ark Invest’s tenth consecutive trading day of increasing its position in this cryptocurrency platform supported by Peter Thiel, indicating a long-term bullish outlook on digital asset infrastructure.

Bullish stock previously rebounded after hitting a low of $24.90 on February 9, and has risen a total of 28.3% over the past five trading days. On Wednesday, the stock closed at $31.88, down slightly by 0.5% intraday, but the overall trend has clearly stabilized. Ark’s continued accumulation is seen as a vote of confidence in its business model and industry prospects.

On the same day, Ark Invest also increased its holdings of 75,559 shares of Circle, with a market value of about $4.4 million. The company is the issuer of the stablecoin USDC, and its stock price fell 3.2% to $57.86 that day. Despite a 7.8% increase over the past five days, it has still declined about 30% over the past month, with high volatility remaining.

On the macro level, the US stock market performed modestly that day, with the Dow Jones Industrial Average down slightly by 0.1%, the Nasdaq Composite down 0.2%, and the S&P 500 roughly flat. The digital asset market remained relatively stable, with Bitcoin rising slightly by 0.2% over 24 hours to $67,143, and Ethereum up 0.9% to $1,968.

Industry analysts believe that Ark Invest’s ongoing positioning reflects its long-term view of the value of crypto financial infrastructure. During periods of market sentiment fluctuation and valuation corrections, the firm’s steadfast stance may provide important support for related sectors.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

ETH 15-minute drop of 0.62%: Large funds withdrawing in size and ETF net outflows converging to amplify volatility

From 2026-04-05 12:30 to 12:45 (UTC), the ETH price range is 2022.11 to 2037.82 USDT. The 15-minute K-line return is -0.62%, and the amplitude is 0.77%. Against the backdrop of elevated on-chain activity, market attention has increased, volatility has picked up, and this reflects stronger short-term risk-averse sentiment. The main driver behind this unusual move is that large funds have continued flowing out of exchanges. Data shows that in the past 24 hours, ETH net outflows were as high as -11,970.54 coins, and in the $1M-$10M range, large net outflows were -5

GateNews1h ago

A certain address deposited 1,856 ETH to a certain CEX; if it sells, it will lose $1.89 million.

Gate News message, April 5, on-chain data shows that an address deposited 1,856 ETH into a certain CEX about 45 minutes ago, worth approximately $3.78 million. The address has held ETH for two months, including 1,450 ETH that was withdrawn from an exchange on January 18 when the price was $3,339.38. If sold, it would incur a loss of $1.89 million, with assets shrinking by 39%.

GateNews4h ago

The new wallet received 40k ETH from FalconX, worth approximately $82.12 million

Gate News message: On April 5, according to on-chain analyst Onchain Lens monitoring, a newly created wallet address received 40,000 ETH from FalconX, worth approximately $82.12 million. The wallet is suspected to belong to a certain CEX.

GateNews6h ago

ETH drops 0.74% in 15 minutes: spot net outflows and fear sentiment converge to trigger selling pressure

2026-04-05 06:00 to 06:15 (UTC), ETH price oscillated in the range of 2031.63 to 2049.03 USDT, with the return rate recording -0.74% and the 15-minute amplitude at 0.85%. During this period, market attention increased, volatility intensified, and short-term capital became active. The main driver behind this unusual move was large-scale net outflows of spot funds, with 24-hour cumulative net outflows totaling $126 million. On-chain, the number of active addresses rose to a daily high of 1.2 million, and transaction volume exceeded 1.5 million, reflecting that large holders or institutional entities accelerated asset transfers or selling during this period. The market sells

GateNews7h ago

Bitcoin ETFs 'will be larger' than gold ETFs: Analyst

Spot Bitcoin exchange-traded funds (ETFs) could surpass gold ETFs in total assets under management (AUM) as investor demand expands beyond the traditional “digital gold” narrative, according to ETF analyst James Seyffart. “There are just more use cases of why somebody would put a Bitcoin ETF in a p

Cointelegraph9h ago

ETH 15-minute surge of 1.15%: ETF net inflows accelerate and large whale accumulation converges to drive the rally

2026-04-04 19:00 to 19:15 (UTC), the ETH price saw a significant spike. Within 15 minutes, the return rate recorded +1.15%. The price range was between 2055.26 and 2079.75 USDT, and the intraday amplitude reached 1.19%. Market attention increased markedly, with trading activity and on-chain large transfers expanding in tandem, triggering rapid fluctuations in the short-term price action. The primary drivers behind this move are accelerated net inflows into ETFs and institutions concentrating their positioning in the spot market, which directly pushed the ETH price higher. The data show that BlackRock ETHB

GateNews18h ago
Comment
0/400
No comments