Ark Invest Bought Over $75M in Crypto Shares During June
ARK Investment Management LLC (ARK Invest), led by Cathie Wood, bought more than $75 million worth of crypto stocks, including shares of Coinbase, Circle, and Bullish, during June 2026s brutal market bloodbath. The firm bought the dip as Bitcoin ($BTC) posted its worst monthly performance in four years. Ark Invest Buys Over $75M in Crypto Shares During June Bloodbath According to sources, Ark Invest loaded up on shares of major cryptocurrency companies as the sector experienced a sharp downturn in June 2026. The St. Petersburg, Florida-based investment manager has a well-established tendency to “buy the dip” in crypto-related equities during periods of market weakness. These buys occurred across ARKs flagship Exchange-Traded Funds (ETFs), primarily the ARK Innovation ETF (ARKK), along with the ARK Next Generation Internet ETF (ARKW) and ARK Fintech Innovation ETF (ARKF). Purchases were spread across multiple trading days in late June, capitalizing on depressed prices. How $BTC‘s Worst Month in Four Years Triggered ARK’s Buy-the-Dip Move $BTCs worst monthly performance in four years triggered a broad selloff across the crypto market, pushing digital asset stocks lower. $BTC prices dropped by about 20% over the month, as $BTC rallied from near $73,000 at the end of May to the $58,000 – 60,000 level