PANews reported on November 26th that, according to The Block, Cathie Wood's Ark Invest continued to increase its holdings of cryptocurrency-related stocks on Tuesday. According to its transaction filings, Ark Invest purchased $13.5 million worth of Block shares, $7.6 million worth of Circle shares, and $3.86 million worth of Coinbase shares through multiple ETFs on Tuesday. Ark Invest primarily purchased these three companies' shares through the ARKK fund. As of Tuesday, Coinbase was the fund's fourth-largest holding, valued at $391 million, representing approximately 5.22% of its portfolio. ARKK also holds $179 million worth of Circle shares, representing 2.39% of the fund. ARKK holds $85.2 million worth of Block shares.
On Tuesday, Ark Invest also increased its holdings of Bullish stock by $1.52 million, Robinhood Markets stock by $878,794, and its own Ark-21Shares spot Bitcoin ETF by $2.8 million.



BitGo’s move creates further competition in a burgeoning European crypto market that is expected to generate $26 billion revenue this year, according to one estimate. BitGo, a digital asset infrastructure company with more than $100 billion in assets under custody, has received an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling it to offer crypto services to European investors. The company said its local subsidiary, BitGo Europe, can now provide custody, staking, transfer, and trading services. Institutional clients will also have access to an over-the-counter (OTC) trading desk and multiple liquidity venues.The extension builds on BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, also issued by BaFIN, and adds trading to the existing custody, transfer and staking services. BitGo acquired its initial MiCA license in May 2025, which allowed it to offer certain services to traditional institutions and crypto native companies in the European Union.Read more