Cathie Wood’s investment firm, ARK Invest, increased its Bitcoin holdings with 997 bitcoins on March 13, 2025.
As per the data of Arkham Intelligence, ARK Invest received $80 million worth of Bitcoin from Coinbase, a major cryptocurrency exchange.
The first transaction brought in 498 BTC, followed by a second transfer of 499 BTC just four hours later, totaling 997 BTC worth approximately $80 million.
This move highlights ARK Invest’s continued confidence in Bitcoin and aligns with a broader trend of institutional investors increasing their exposure to Bitcoin ETFs amid rising cryptocurrency adoption.
Also Read: US Bitcoin Reserve Attracted Govts to Crypto: Coinbase CEO
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