Ark Invest Purchased Four Crypto Stocks Including Coinbase and Circle on Thursday, Totaling Approximately $5.39 Million

PANews June 26 news, according to The Block, Cathie Wood's Ark Invest bought shares of Coinbase, Circle, Bullish, and Robinhood through three ETFs on Thursday. The purchases included 9,014 shares of Coinbase (about $1.28 million), 9,264 shares of Circle (about $637,000), 9,136 shares of Bullish (about $199,000), and 35,023 shares of Robinhood (about $3.27 million), for a total of about $5.39 million.

All four stocks closed lower that day: Coinbase fell 5% to $142.52, Circle fell 3% to $68.81, Robinhood fell 3.85% to $93.47, Bullish fell 6.77% to $21.88. Ark Invest regularly adjusts its ETF holdings to ensure that no single stock exceeds 10% of the fund's portfolio.

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This content is for market information only and is not investment advice.

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