ARK Invest resumes crypto buying spree, adds BitMine and Bullish shares

ARK Invest's recent investments in BitMine and Bullish, totaling $8.7 million, come at a time when the cryptocurrency market is experiencing a dip. This strategy aligns with broader trends in the crypto sector, as seen in BitMine's recent appointment of a new CEO amid a surge in Ether purchases. Additionally, the Czech National Bank's historic $1 million Bitcoin buy indicates a growing institutional interest in cryptocurrencies, suggesting that ARK's actions are part of a larger pattern of increasing investment in digital assets.