ARK steps in as crypto stocks extend multi-day selloff

2025-12-16 07:27:24

Source: CryptoNewsNet Original Title: ARK steps in as crypto stocks extend multi-day selloff Original Link: Cathie Wood’s ARK Invest went bargain hunting on Monday, as some of the biggest listed names in the crypto sector extended a multi-day slide.

According to the email disclosure, ARK’s roughly $59 million in crypto stock purchases included about $16.3 million of a certain compliant platform, roughly $5.2 million of Bullish, and around $10.8 million of Circle Internet Group, followed by about $17 million of Bitmine Immersion Technologies and roughly $9.9 million of CoreWeave.

Crypto stocks had already been sliding for several sessions before the latest selloff, with Bitmine down more than 11% on the day, Circle falling nearly 10%, CoreWeave dropping close to 8%, certain compliant platform sliding over 6% and Bullish extending a multi-day decline as selling accelerated across the sector.

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