CathieWood’sArk Invest has shifted its crypto-focused investment strategy. The firm added 4.4 million BitMine Immersion (BMNR) shares to three of its actively managed exchange-traded funds (ETFs) This marks a notable strategic pivot as institutional interest in Ethereum treasury strategies continues to rise. In tandem, Ark Invest has reduced exposure to three prominent crypto-linked stocks.

CathieWood’sArk Invest has shifted its crypto-focused investment strategy. The firm added 4.4 million BitMine Immersion (BMNR) shares to three of its actively managed exchange-traded funds (ETFs) This marks a notable strategic pivot as institutional interest in Ethereum treasury strategies continues to rise. In tandem, Ark Invest has reduced exposure to three prominent crypto-linked stocks.

Source: https://cryptoslate.com/ark-invest-swaps-coinbase-robinhood-stakes-for-major-175m-ethereum-play-with-bitmine-immersion/