Cathie Wood’s ARK Invest is strategically expanding its portfolio in the crypto sector, focusing on key assets despite recent market slumps. The ARK Invest Crypto strategy involves procuring significant shares of Coinbase, Circle, and Bullish, capitalizing on the current price declines.
ARK Invest’s Strategic Acquisitions
According to ARK’s daily trade disclosures, the ARK Innovation ETF (ARKK) secured 38,854 shares of Coinbase Global Inc., with the ARK Fintech Innovation ETF (ARKF) acquiring an additional 3,325 shares. This amounts to a total investment of $9.4 million in Coinbase, even as the stock closed down by 2.77% at $216.95.
Moreover, ARK obtained a combined 129,446 shares of Circle Internet Group across ARKK and ARKF, translating to a $9.2 million stake. An additional 88,533 shares of Bullish were also added, representing a $3.2 million investment. While Circle shares saw a marginal dip of 0.03%, Bullish shares declined by 2% to close at $35.75.
Impact of Crypto Market Pullback on ARK ETFs
The downturn in the crypto market has significantly impacted several of ARK’s ETFs. As reported, the ARK Invest Crypto strategy faced challenges during the fourth quarter of 2025, with Coinbase emerging as the main detractor. This was largely due to a 9% decline in spot trading volumes on centralized exchanges following October’s liquidation event.
Roblox also impacted ARK’s performance despite strong third-quarter bookings growth. Its shares fell after warnings of declining operating margins for 2026 and added pressure from Russia’s platform ban.
Future Outlook: Crypto Market Growth Potential
Despite recent challenges, ARK Invest maintains a bullish outlook on the crypto market. The firm projects the digital asset space could reach $28 trillion by 2030, driven by increased Bitcoin adoption. In the Big Ideas 2026 report, ARK anticipates a 61% compound annual growth rate for the crypto sector.
According to ARK, should approximately 20.5 million Bitcoin be mined by 2030, Bitcoin’s price could range from $950,000 to $1 million. This forecast reflects growing institutional interest, with Bitcoin ETFs and corporate holders increasing their market share in 2025.
