On October 28, 2025, Ark Invest bought about $30.9 million of Block Inc., totaling 385,585 shares. The allocation across three Ark ETFs underscores continuing confidence in Block’s role in digital money and crypto. For Ark fund holders and traders watching Block, the move reads as a fresh vote of confidence.
Company filings show the shares split across ARKK, ARKW, and ARKF, with 210,916 going to ARK Innovation ETF (ARKK), making Block the 20th-largest holding, 59,827 to ARK Next Generation Internet ETF (ARKW), and 114,842 to ARK Fintech Innovation ETF (ARKF).
Block closed that day at $80.15, up $0.77, and the price has climbed 37.43% in six months, framing the purchase within a period of notable share appreciation.
Ark trimmed its stake in July 2025, selling roughly $9.8 million, and the October buyback shows the firm trading both into and out of the name, a pattern that can add turnover in the short term.
Regulatory backdrop and analyst sentiment
Block faces new legal weight with two fines: $40 million to the New York State Department of Financial Services and $255 million to the Consumer Financial Protection Bureau, tied to lapses in anti-money-laundering and know-your-customer checks inside Cash App and besides Square.
Among 55 tracked analysts, 42–44% rate Block a “Strong Buy,” 35–36% a “Buy,” and 16–22% a “Hold”, offering a snapshot of current coverage.
Implications include conviction, liquidity, regulatory risk, and volatility: choosing Block for all three ETFs underlines Ark’s view of its role in future payments and crypto services; spreading shares across funds can help investor access; the fines warn that further compliance slips would raise costs and hurt reputation; and Ark’s quick sales as well as buys can stir short-term price swings.
The October 28 purchase restates Ark’s belief that Block sits at the heart of digital payments and crypto. Watch next for cleaner compliance or for how the share price behaves in the quarters ahead.
