On Friday, ARK Invest increased exposure to crypto-linked equities as sector prices fell. The firm bought shares of Coinbase, Circle Internet Group and Bullish across its ETFs.
The ARK Innovation ETF (ARKK) bought 38,854 Coinbase shares and ARKF added 3,325. Those purchases totaled about $9.4 million.
ARK also bought 129,446 Circle shares for roughly $9.2 million. The firm added 88,533 Bullish shares for about $3.2 million.
The firm trimmed other holdings, selling 12,400 Meta Platforms shares for about $8 million. Coinbase shares closed down 2.77% at $216.95.
The fourth-quarter 2025 crypto pullback weighed on several ARK ETFs, the firm said. Coinbase was the largest detractor, and Roblox was the second-largest drag.
In its Big Ideas 2026 report, ARK forecast the crypto market could reach $28 trillion by 2030. The firm projected a 61% annual growth rate with Bitcoin about 70% of total market value, and it estimated a $950,000 to $1 million Bitcoin price if roughly 20.5 million coins are mined by 2030.
