Cathie Wood's ARK Invest recently invested over $23.5 million in BitMine Immersion Technologies and crypto exchange Bullish across three of its actively managed ETFs. The purchase, which included 387,000 shares of BitMine and 144,000 shares of Bullish, was disclosed in recent trade filings. The ARK Innovation ETF (ARKK) made the bulk of the investments, acquiring 257,108 shares of BitMine and 81,811 shares of Bullish. In tandem with these acquisitions, ARK also reduced its stakes in other companies, including DraftKings and Roku. Notably, BitMine is recognized as the largest treasury firm for ether, currently holding 1.87 million ETH, while Bullish had a strong market debut in August. Despite the positive movements, BitMine shares experienced a slight decline in trading, dropping by 0.3% during the session and 1.17% in after-hours trading. Bullish's shares, on the other hand, rose by 6% on the same day, indicating ongoing investor interest and confidence in these crypto-related equities.

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