ARK Invests Despite Crypto Downturn, Buying Bullish, Circle, and BitMine

Cathie Wood’s ARK Invest made strategic moves in the cryptocurrency market despite a sharp decline in prices on November 20, 2025. The firm purchased $39 million worth of shares across three crypto-related companies: Bullish, Circle Internet Group, and BitMine Immersion Technologies through various exchange-traded funds (ETFs). These purchases followed ARK’s previous activity, which saw it invest over $70 million in crypto stocks during November 2025. The firm is strategically buying into these businesses during market downturns, aiming to acquire assets at lower valuations when the sector experiences volatility.