Story perspectives
ARK Invest Bets Big on Crypto and Gene Editing
8/30/2025
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Story summary
- On August 29, 2025, ARK Invest invested over $300 million in BitMine and $4 million in Intellia Therapeutics.
- BitMine's stock increased 534.9% year-to-date, while Intellia rose 56% in three months.
- Cathie Wood forecasts Ethereum could reach $166,000 by 2032, highlighting her positive view on disruptive technologies.
- Recent trades show confidence in cryptocurrency infrastructure and gene-editing advancements amid market volatility.
