Investment firm Ark Invest, led by Cathie Wood, recently expanded its investment portfolio into crypto-focused companies with a significant purchase of over $30 million in Block Inc. shares. This move highlights the firm’s growing confidence in firms that integrate blockchain technology and finance. Ark Invest believes these businesses hold the key to driving the next phase of financial innovation and global payments. 3 ETFs saw an increase in their holdings, showcasing Ark Invest’s strategic diversification across different investment vehicles. The ARK Innovation ETF (ARKK), ARK Next Generation Internet ETF (ARKW), and ARK Fintech Innovation ETF (ARKF) each saw sizable boosts, demonstrating a commitment to the rapidly evolving fintech landscape.