By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
bitcoin
Bitcoin (BTC) $ 72,405.00
ethereum
Ethereum (ETH) $ 2,115.78
xrp
XRP (XRP) $ 1.51
tether
Tether (USDT) $ 0.997871
solana
Solana (SOL) $ 90.69
bnb
BNB (BNB) $ 689.43
usd-coin
USDC (USDC) $ 0.999784
dogecoin
Dogecoin (DOGE) $ 0.102683
cardano
Cardano (ADA) $ 0.283364
staked-ether
Lido Staked Ether (STETH) $ 2,265.05
tron
TRON (TRX) $ 0.282142
chainlink
Chainlink (LINK) $ 9.17
avalanche-2
Avalanche (AVAX) $ 9.64
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 76,243.00
wrapped-steth
Wrapped stETH (WSTETH) $ 2,779.67
the-open-network
Toncoin (TON) $ 1.38
stellar
Stellar (XLM) $ 0.17017
hedera-hashgraph
Hedera (HBAR) $ 0.088868
sui
Sui (SUI) $ 1.07
shiba-inu
Shiba Inu (SHIB) $ 0.000007
weth
WETH (WETH) $ 2,268.37
leo-token
LEO Token (LEO) $ 8.86
polkadot
Polkadot (DOT) $ 1.45
litecoin
Litecoin (LTC) $ 58.30
bitget-token
Bitget Token (BGB) $ 2.97
bitcoin-cash
Bitcoin Cash (BCH) $ 527.98
hyperliquid
Hyperliquid (HYPE) $ 34.81
usds
USDS (USDS) $ 0.99869
uniswap
Uniswap (UNI) $ 3.75
cryptoprune cryptoprune
  • MarketCap
  • Crypto Bubbles
  • Multi Currency
  • Evaluation
  • Home
  • News
  • Crypto
    • Altcoins
    • Bitcoin
    • Blockchain
    • Cardano
    • Ethereum
    • NFT
    • Solana
  • Market
  • Mining
  • Exchange
  • Regulation
  • Metaverse
Crypto PruneCrypto Prune
  • Home
  • News
  • Crypto
    • Altcoins
    • Bitcoin
    • Blockchain
    • Cardano
    • Ethereum
    • NFT
    • Solana
  • Market
  • Mining
  • Exchange
  • Regulation
  • Metaverse

Search

  • Home
  • News
  • Crypto
    • Altcoins
    • Bitcoin
    • Blockchain
    • Cardano
    • Ethereum
    • NFT
    • Solana
  • Market
  • Mining
  • Exchange
  • Regulation
  • Metaverse

Latest Stories

Trump plans to sign transparency law on April 3rd - Patrick Witt
Trump plans to sign transparency law on April 3rd – Patrick Witt
image
NYSE and ICE develop tokenized securities platform with 24/7 trading and instant settlement
Bitcoin bear market ends when three signals reverse and one of them has already started twitching
Bitcoin bear market ends when three signals reverse and one of them has already started twitching
Bitcoin
Tether’s open source software takes Bitcoin mining in a new direction
This is a new proposal from 01 Quantum
This is a new proposal from 01 Quantum
© 2025 All Rights reserved | Powered by Crypto Prune
Crypto Prune > News > Crypto > Bitcoin > Amid the growth of virtual currencies, ARK Bitcoin purchases totaled $162.85 million
Bitcoin

Amid the growth of virtual currencies, ARK Bitcoin purchases totaled $162.85 million

3 months ago 4 Min Read

Cathie Wood’s investment company ARK Invest has made a big move in the cryptocurrency market. According to Crypto Rover, the company purchased approximately $162.85 million worth of Bitcoin (BTC). This shows ARK’s continued confidence in Bitcoin as a long-term investment. ARK Bitcoin purchases also highlight the growing interest of institutional investors in digital assets.

💥Breaking news:

ARK will purchase $162.85 million worth of BTC. pic.twitter.com/ok0GAkAXgT

— Crypto Rover (@rovercrc) October 22, 2025

Strong bet on Bitcoin

ARK Invest is known for its focus on innovative and disruptive technologies. Bitcoin has been a key part of the company’s strategy for years. By buying in such large quantities, ARK aims to profit from potential price increases. Additionally, the company has indicated that it believes Bitcoin is more than a short-term speculative asset. The company sees Bitcoin as a store of value and an important part of the future financial system.

What impact does this have on the market?

Large purchases by institutions often impact the cryptocurrency market. ARK’s $162.85 million acquisition could increase market liquidity. It may also encourage other investors to consider adding Bitcoin to their portfolios. Moreover, such moves usually attract media attention, which can further increase interest. Overall, ARK’s involvement is generally seen as a positive sign for Bitcoin and the broader crypto market.

ARK’s broader crypto strategy

ARK doesn’t just invest in Bitcoin. The company has filed a number of Bitcoin ETFs, including the ARK Bitcoin Yield ETF. These ETFs aim to provide investors with regulated access to Bitcoin through traditional investment accounts. By offering such products, ARK is able to expand exposure to cryptocurrencies for a wider range of investors. This strategy demonstrates ARK’s commitment to the long-term growth of the crypto sector.

See also  BlackRock sees Binner's Year in Bitcoin as Stablecoins powers the future of finance

Future outlook for Bitcoin

ARK Invest maintains a bullish outlook on Bitcoin. The company believes that widespread adoption by institutions could significantly increase the value of Bitcoin over time. In fact, ARK’s past statements suggest that Bitcoin could reach new highs in the coming years. This optimism is one of the reasons why ARK continues to buy and support Bitcoin.

For everyday investors, ARK’s actions could be a sign that Bitcoin is gaining recognition in mainstream finance. It also highlights that large companies are seriously interested in digital assets.

why is this important

ARK’s $162.85 million Bitcoin purchase is more than just a headline. This shows that institutions have growing trust in cryptocurrencies. It may also help alleviate concerns that Bitcoin is only for retail traders. As more large companies enter the market, cryptocurrencies like Bitcoin could become a more stable part of investment portfolios.

At the same time, investors need to be careful. Prices may still be volatile and large purchases may affect short-term market movements. However, ARK’s long-term strategy shows confidence in Bitcoin’s future.

TAGGED:BitcoinBitcoin News
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RELATED NEWS

image

Is Bitcoin cheap or expensive now? Experts explain and share predictable price levels for BTC!

By Crypto Prune 6 months ago
image

Will the rally continue after the recent surge in Bitcoin? Expert comments

By Crypto Prune 4 months ago
StanchArt predicts that new cycles of Bitcoin could be opposed to past patterns using ETFs and policy tails

StanchArt predicts that new cycles of Bitcoin could be opposed to past patterns using ETFs and policy tails

By Crypto Prune 7 months ago
Corporate Bitcoin now holds "blessings" and will challenge later, says roxom's CEO

Corporate Bitcoin now holds “blessings” and will challenge later, says roxom’s CEO

By Crypto Prune 8 months ago
cryptoprune

© 2025 All Rights reserved | Powered by Crypto Prune

  • Altcoins
  • Bitcoin
  • Blockchain
  • Cardano
  • Ethereum
  • Exchange
  • Market
  • Metaverse
  • Mining
  • News
  • Crypto
  • NFT
  • Solana
  • Regulation
  • Technology
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Service
Welcome Back!

Sign in to your account

Lost your password?