Cathie Wood’s ARK Loads Up on Ether Treasury Bet Bitmine Imm | Leo乘风 on Binance Square

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Cathie Wood’s ARK Loads Up on Ether Treasury Bet Bitmine ImmersionARK Invest deepens its ether exposure, buying 4.4 million shares of Tom Lee- and Peter Thiel-backed Bitmine Immersion Technologies, while trimming its holdings in Cex, among others.

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DeFi bluechips like Uniswap and Aave have posted 20%–30% jumps in the past week. Jeff Mei, COO at BTSE, attributed this to a mix of strong ETF inflows and optimism over the GENIUS Act, a legislative proposal expected to clarify the regulatory path for DeFi platforms. “Investors are rotating into Ethereum en masse, which explains its sustained rally over the weekend. Bitcoin still remains strong at $117,000, but it's clear that momentum has shifted towards Ethereum - the Ethereum ETFs are seeing record inflows,”

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Ether surged past $3,770 over the weekend as investors shifted capital from Bitcoin to major tokens.Solana's SOL reached $203, its highest since February, driven by Jito's introduction of the Block Assembly Marketplace.DeFi tokens like Uniswap and Aave saw significant gains, attributed to strong ETF inflows and optimism over the GENIUS Act.

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