Cathie Wood’s ARK Invest quietly boosted its crypto-linked exposure last Friday, adding roughly $251,500 across BitMine Immersion Technologies and the 3iQ Solana Staking ETF, filings show.
Key buys
- ARK Innovation (ARKK) picked up 5,264 shares of BitMine Immersion Technologies (BMNR), a purchase worth about $83,100 based on BMNR’s $15.79 close. The stake is tiny—about 0.0014% of ARKK’s portfolio—but notable given BitMine’s positioning as an Ethereum treasury company.
- Two other ARK funds increased their exposure to Solana via the 3iQ Solana Staking ETF (ticker SOLQ.U). ARK Next Generation Internet (ARKW) bought 16,917 shares (~$101,700) and ARK Fintech Innovation (ARKF) added 11,101 shares (~$66,700). Together the two funds acquired 28,018 shares, roughly $168,400. SOLQ.U closed Friday at $6.01, down $0.13 (2.12%).
Why it matters
- These moves give ARK exposure to two different crypto strategies without directly buying ETH or SOL tokens: BitMine’s Ethereum-focused treasury approach and SOLQ.U’s staking-related exposure. Using equities and exchange-traded products lets ARK express crypto themes while staying within traditional ETF wrappers.
- The purchases were modest relative to ARK’s total assets and shouldn’t be read as price forecasts. They do illustrate how ARK is layering small, thematic crypto positions into broader portfolios.
Context
- The BMNR buy was part of an ARKK rebalance that also included additional X-Energy purchases and sales of Figma; other filings showed sales across funds in Strata Critical Medical, ATAI Life Sciences and Elbit Systems.
- The trades followed an active week for ARK: the firm disclosed nearly $60 million in buys the prior day—led by more than $51 million into Tesla—and an earlier roughly $14 million addition to SpaceX. Outside crypto-related names, ARK also added small positions in Pony AI, Kodiak AI, Scribe Therapeutics and Compass Pathways.
Bottom line: ARK continues to nibble at crypto exposure via public equities and specialized ETPs, spreading modest bets across Ethereum-related treasury plays and Solana staking products while rotating other positions across technology, AI and healthcare.
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