ARK Invest reports record institutional interest in crypto as ETFs absorb 12.2% of Bitcoin supply

Cathie Wood’s ARK Invest is sounding the institutional alarm on crypto, and for once, the data backs up the enthusiasm. The firm’s latest research shows that spot Bitcoin ETFs and digital asset trusts now control 12.2% of Bitcoin’s total supply, a figure that would have seemed absurd just two years ago when the SEC was still playing keep-away with spot ETF applications. ARK’s own crypto-linked assets across its suite of ETFs have surpassed $2.15 billion as of November 2025. The numbers behind the narrative ARK’s flagship fintech ETF, ARKF, has allocated approximately 29% of its portfolio to digital assets. The fund’s holdings span major crypto-adjacent companies like Coinbase and Circle, alongside ARK’s own ARKB Bitcoin ETF, creating a layered exposure strategy that gives investors multiple entry points into the digital asset ecosystem. The firm has also continued purchasing crypto-related equities during market dips throughout 2025 and into 2026. From retail frenzy to institutional infrastructure ARK has reinforced its commitment to broadening access by filing for two crypto index ETFs tied to the CoinDesk 20 in December 2025. One fund would include Bitcoin exposure, while the oth...