ARK Invest Boosts Crypto Exposure with Block, Securitize, and Solana ETF Buys

ARK Invest, led by Cathie Wood, increased its exposure to cryptocurrencies on Monday. The firm bought nearly 192,000 shares of Block across two funds and acquired 189,796 shares of Securitize, a tokenization platform that powers BlackRock's BUIDL fund.

The ARK Innovation ETF (ARKK) purchased 182,899 shares of Block, while the ARKF added another 8,772 shares. This combined purchase was the firm's largest crypto-related buy of the session by share count.

Block gives ARK exposure to Bitcoin through Cash App and its digital-asset strategy. The company's price was down over 0.31% in pre-market trade.