ARK Invest deepens Ethereum Investment with BitMine and Bullish Strategies: Alternative Strategy for ETH Institutional Takeoff
Source: CoinWorld
Time: 2025-09-07 15:00:40
ARK Invest has invested $23.5 million in its ETF to buy stakes in BitMine Immersion Technologies and Bullish, preparing for institutional adoption in Ethereum. BitMine holds 1.95 million ETH (1.55% of the supply) and generates staking income, while Bullish provides institutional-level Ethereum investment opportunities. The strategy takes advantage of Ethereum's structural positives, including earnings generation, deflation mechanisms, and accelerated institutional capital inflows.