Cathie Wood’s ARK Invest increased its exposure to crypto-related stocks, buying Bullish, Circle Internet Group, and BitMine Immersion Technologies. ARKF bought 48,011 shares of Bullish, ARKW added 92,670 shares, and ARKK purchased 322,917 shares. ARK also acquired shares in Circle and BitMine. Crypto stocks slid as the market retreated from October highs.

Bullish fell 3.63% to $36.39, Circle dropped nearly 9% to $69.72, and BitMine finished down 9.5% at $29.18. BitMine shares ended the day down by 9.5%. Michael Saylor-led Bitcoin treasury firm Strategy dropped 9.82% before recovering some losses. ARK has been buying crypto stocks amid tumbling prices.

Nvidia posted blowout earnings, with $57 billion in revenue and $31.9 billion in profit, exceeding Wall Street expectations. The chip maker issued a strong Q4 revenue forecast of $65 billion, easing market anxiety over AI demand. Nvidia shares jumped over 5% after hours, boosting sentiment across tech and crypto-linked equities.

Read more at Cointelegraph: ARK Invest Buys Bullish, Circle and BitMine As Crypto Stocks Sink