Key Insights:
- Ark Invest acquires CRCL, BNMR, and Robinhood crypto stocks, suggesting its confidence in future price rallies.
- HOOD, CRCL, and BNMR crypto stocks rally in pre-market trading, but face decline in the daily, weekly, and monthly timeframes.
- Mass liquidity flows from Bitcoin and the crypto market, fueled by Federal Reserve cautiousness, ETF outflows, and geopolitical concerns.
Ark Invest, led by CEO Cathie Wood, recently showed bullishness in some crypto stocks despite continued market volatility. The firm purchased shares of Robinhood (HOOD), Circle (CRCL), BitMine (BMNR), Coinbase (COIN), and others.
Ark Invest Buys Crypto Stock Dips
The ArkkDaily tracker confirmed that Ark Invest executed a series of trades across its main ETFs, including ARKK, ARKQ, ARKW, ARKG, ARKF, and ARKX.
The firm sought exposure to crypto-related stocks and AI infrastructure during a market pullback. They accumulated positions in crypto-exposed companies while trimming some holdings in ad tech, semiconductors, and streaming.
Despite pressure on Bitcoin (BTC) and crypto equities, Ark aggressively added to stocks benefiting from crypto growth. Total crypto-related buys were reportedly worth $24.8 million across funds.
The major buys include HOOD stocks across ARKK, ARKF, and ARKW. Ark Invest also bought $9.4 million worth of CRCL stocks, specifically across ARKK and ARKF ETFs.
This is in addition to $6.25 million worth of BMNR stocks from BitMine Immersion Technologies, an Ethereum treasury infrastructure. Furthermore, Ark Invest purchased $6 million worth of Bullish (BLSH) shares, $1.9 million of XYZ stock, and $1.25 million of COIN.
The trades suggest Ark is using market weakness to double down on its long-term crypto adoption, rather than reacting to volatility.
This is consistent with the firm in previous cycles, emphasizing its future in the future price movement of digital assets. In its latest 2026 Big Ideas report, Ark predicted the crypto market could grow to roughly $28 trillion by 2030.
Reaction from CRCL, BNMR, and Robinhood Crypto Stocks
Amid a broader crypto market pullback and Ark Invest’s purchases, HOOD, CRCL, and BNMR stocks have caught the attention of investors. These stocks have plunged, alongside crypto price dropdowns, but recent moves suggest a looming uptrend.
As regards HOOD, the crypto stock has failed to reclaim the $117-$124 levels. Over the past month, HOOD has declined by over 27%, even though it is still up 73% within the past year. Thus, while the long-term story remains strong, the short-term trend is no longer moving in the same direction.
Robinhood stock is currently priced $89.9, demonstrating a 9.62% decline over the previous day, according to Google Finance data. However, the stock is up 1.3% in pre-market trading, giving investors hope of a short-term price reversal.
Similar to HOOD, the CRCL stock has plunged sharply on the daily and monthly timeframes. At press time, CRCL is traded at $58.86, down 7.9% and 30.6% over the previous day and month, respectively. A market analyst warned just weeks earlier that CRCL could fall to as low as $46.
Likewise, BNMR shares plunged sharply by 9.2% over the past 24 hours to $22.8. In late January, BNMR traded at $28.80, but plunged 1.7% despite announcing a $121 million Ethereum buy.
Crypto Market Liquidity
Crypto stocks like HOOD, CRCL, and BNMR faced pressure recently from a broader market weakness. The crypto market fell after Bitcoin dropped below $85,000, triggering over $1 billion in liquidations. Most of these crypto market liquidations came from long positions using 20x to 100x leverage.
Other factors that contributed to the crypto market weakness include Federal Reserve cautiousness, ETF outflows, and some geopolitical concerns. Today, the crypto market is showing signs of recovery amid optimistic sentiment. On the daily chart, BTC rallied slightly by 0.4% to $77,958.
In the altcoin market, Binance Coin (BNB) jumped 0.6%, Dogecoin (DOGE) climbed 1.6%, and Hyperliquid (HYPE) rallied more than 15%.