Cathie Wood’s ARK Invest purchased $116 million in Bitcoin, signaling strong institutional confidence in cryptocurrency amidst a broader market shift, as evidenced by a prior $60 billion influx into crypto markets on April 21, 2025.
This move aligns with ARK’s history of Bitcoin investment, having previously bought $16 million in its own spot-Bitcoin ETF (ARKB) in January 2024, according to Bloomberg, reflecting a strategic pivot from futures-based ETFs to direct exposure.
The timing is notable given Bitcoin’s volatility trends; Fidelity Digital Assets’ analysis up to February 2025 suggests Bitcoin may be in an “Acceleration Phase,” historically marked by sharp price swings, which could amplify the impact of ARK’s investment.
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