Cathie Wood is confident in the encryption industry: ARK Invest purchased $31 million in Block shares, and the Bitcoin ETF has seen net inflows for three consecutive days.

With the continued recovery of funds flowing into Bitcoin ETFs in the United States, Cathie Wood's ARK Invest has again increased its investment in crypto-related stocks this week. According to official disclosures, ARK Invest purchased approximately $30.9 million worth of Block shares through its three funds ARKK, ARKW, and ARKF on Monday. This move comes after Block's Square division launched a new Bitcoin payment tool, demonstrating ARK's ongoing optimism about the real-world applications of Bitcoin and the enormous potential of retail payment networks. Additionally, the ARK 21Shares Bitcoin ETF (ARKB) recorded a net inflow of $76.4 million in a single day, setting a record for all Bitcoin funds and marking the third consecutive day of net inflows for spot Bitcoin ETFs.

Institutional Funds Warm Up: Cathie Wood Invests $30.9 Million in Block, Betting on Bitcoin Payment Network

Cathie Wood's ARK Invest is actively redeploying its cryptocurrency-related stock holdings. As the momentum for Bitcoin ETF inflows reignites, ARK announced the purchase of a substantial amount of stock from Block, a company owned by Jack Dorsey. This purchase, valued at $30.9 million, is distributed across its flagship innovation fund ARKK, the Next Generation Internet ETF ARKW, and the Fintech Innovation ETF ARKF.

ARK Invest increases Block stock

ARK's move is consistent with its ongoing interest in companies related to digital assets. Notably, Block's Square business recently launched a new tool that allows U.S. merchants to accept Bitcoin payments with zero fees and automatically convert their daily card sales into BTC, greatly simplifying the application of Bitcoin in commercial payments. ARK's investment signal is clear: it is heavily betting on the future growth of Bitcoin's retail applications and Payment Network.

Continuous accumulation: ARK Invest increases encryption exposure, favors Payment and retail platforms.

ARK Invest continues to build its exposure in the encryption field, this time not only increasing its holdings of Block 385,585 shares but also extending its purchasing strategy to consumer platforms.

  • Robinhood Investment: Late last week, ARK's funds purchased approximately $21.3 million worth of Robinhood shares. This disclosure helped boost the stock's trading performance that day.
  • Preference Shift: ARK has made several adjustments to its holdings in mainstream CEXs in 2025, but this week it has clearly leaned towards Block and Robinhood. This shift indicates that ARK's focus is shifting from traditional encryption trading platforms to payment networks and more accessible retail trading platforms to capture broader encryption adoption gains.

Bitcoin ETF continues to attract capital: ARKB sets record for daily inflows

With the active buying behavior of ARK, the US Spot Bitcoin ETF market has also welcomed a strong influx of funds.

  • ARKB leads: ARK 21Shares Bitcoin ETF ( ARKB ) recorded a net inflow of approximately 76.4 million dollars on Monday, setting a new single-day record among Bitcoin funds.
  • Continuous Inflow: The U.S. Spot Bitcoin ETF has achieved net inflows for three consecutive days, indicating that the market's confidence in the long-term value of Bitcoin is recovering.

At the same time, the market is also welcoming new ETF options. The Spot products for Solana (SOL), Hedera (HBAR), and Litecoin (LTC) began trading on Tuesday, providing investors with more compliant encryption asset access channels beyond Bitcoin and Ethereum.

Conclusion

Cathie Wood's ARK Invest has invested $30.9 million to increase its holdings in Block stock, and the strong inflows into its Bitcoin ETF for three consecutive days have sent a signal: Bitcoin remains the focus of institutional attention, especially in its application as a Payment Network and commercial infrastructure. ARK's preference for Block and Robinhood reflects its bet on the next phase of encryption growth, which is broader retail adoption and practical implementation. With the launch of more altcoin ETFs, Solana, Bitcoin, and Ethereum are becoming the three core assets of market attention in the next stage.

BTC-1.31%
SOL-3.81%
HBAR-6.2%
LTC-3.97%
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Last edited on 2025-10-29 07:54:04
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