Cathie Wood’s Ark Snaps Up $30.9M of Block Shares Amid Renewed Fintech Optimism

Analytical Style

Ark Invest Expands Exposure to Jack Dorsey’s Block as Crypto Integration Deepens

Cathie Wood’s Ark Invest has ramped up exposure to Block Inc. (XYZ) with a $30.9 million purchase spread across its key ETFs.

The investment spans 385,585 shares allocated to ARKK, ARKW, and ARKF, reinforcing Ark’s conviction in fintech firms bridging traditional finance and crypto ecosystems.

Block’s growing emphasis on bitcoin adoption — including new merchant payment tools launched through Square — aligns with Ark’s long-term thesis around digital finance innovation.

Shares of Block were steady in premarket trading on Tuesday.