Cathie Wood’s investment firm, Ark Invest, has made significant moves in the crypto market by purchasing 339,113 shares of BitMine Immersion Technologies Inc (BMNR). This strategic buy spans across three of Ark Invest’s ETFs and demonstrates a continued focus on technology and biotech sectors. Ark Invest acquired approximately 40,553 shares from the ARK Fintech Innovation ETF (ARKF), 227,569 shares from the ARK Innovation ETF (ARKK), and 70,991 shares from the ARK Next Generation Internet ETF (ARKW). This investment totals around $16.94 million. Analysis suggests BitMine’s recent surge in share value is linked to growing demand for Ethereum (ETH) fueled by DeFi growth and increasing institutional interest.