{"id":177540,"date":"2025-10-28T12:20:11","date_gmt":"2025-10-28T10:20:11","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=177540"},"modified":"2025-10-28T13:25:07","modified_gmt":"2025-10-28T11:25:07","slug":"cathie-woods-ark-invest-is-doubling-down-on-its-faith-in-crypto-linked-companies-snapping-up-over-30-million-worth-of-shares-in-jack-dorseys-block-inc-across-several-of-its-exchan","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/ark-invest-quietly-doubles-down-in-a-major-crypto-linked-stock\/","title":{"rendered":"Ark Invest Quietly Doubles Down on a Major Crypto-Linked Stock"},"content":{"rendered":"
According to Ark\u2019s latest trading update, the firm added roughly 385,000 shares of Block across three of its ETFs \u2013 a clear sign that Wood\u2019s team remains confident in the growing intersection between financial technology and digital assets.<\/p>\n
The biggest purchase came from the flagship ARK Innovation ETF (ARKK), which added more than 210,000 shares. Smaller but notable allocations were made by the ARK Next Generation Internet ETF (ARKW) and the ARK Fintech Innovation ETF (ARKF), together accounting for the rest of the total haul.<\/p>\n
Block, the payments giant co-founded by Jack Dorsey, continues to blur the line between traditional finance and crypto infrastructure. Its ecosystem includes Square\u2019s payment platform, Cash App for digital transfers, and Bitkey, a Bitcoin hardware wallet. The company recently launched a system enabling merchants to accept and convert Bitcoin directly through Square\u2019s point-of-sale devices \u2014 another step toward embedding crypto into everyday commerce.<\/p>\n