Cathie Wood's ARK Invest has acquired $11.3 million worth of Bitcoin, marking a notable move in the cryptocurrency market. This purchase is part of a larger trend, as institutional investors, referred to as 'whales', are increasingly buying Bitcoin, suggesting a potential shift in market dynamics. Other notable purchases include BlackRock's spot Ethereum ETF, which bought $6.4 million worth of Ethereum, and Trump's World Liberty Financial, which invested $4.89 million in SEI. The surge in institutional buying indicates a growing confidence among major players in the cryptocurrency space.