Hedge fund manager Cathie Wood has allocated $182 million in capital to a newly launched Ethereum (ETH) treasury company.

BitMine Immersion shares were up a day after Cathie Wood's ARK Invest purchased $182 million of the Ethereum treasury company's stock.

Key Takeaways Ethereum surges to $3,800 in July 2025, driven by strong institutional demand and ETF inflows.Ethereum ETFs attract over $3 billion, signaling gro ...