## Ark Invest Boosts Cryptocurrency Investments Ark Investment Management, under the leadership of Cathy Wood, has signaled renewed confidence in the cryptocurrency market by aggressively purchasing shares of crypto-related companies. Recent filings reveal significant acquisitions of both Bitmain and Bullish stocks. On a single day, Ark Invest funds acquired 169,407 shares of Bitmain, totaling approximately $5.83 million. Specifically, ARKF, ARKW, and ARKK funds added 18,089, 34,637, and 116,681 shares of Bitmain, respectively, to their holdings. Bitmain, focused on Ethereum (ETH) investments, saw a notable influx of capital from Ark. ## Buying Pressure on Bullish and Market Impact In addition to Bitmain, Ark Invest also purchased 75,515 shares of Bullish, a cryptocurrency exchange and blockchain technology company listed on the NYSE. Despite selling pressure on both stocks, Ark Invest's strategic purchases spurred a slight rebound, demonstrating the firm's influence in the cryptocurrency investment space. This move highlights Ark Invest's continued bullish outlook on the long-term potential of cryptocurrency and blockchain technology. ```