Ark Invest increases its holdings in crypto companies including Block, Circle, and Coinbase.

PANews reported on November 26th that, according to The Block, Cathie Wood's Ark Invest continued to increase its holdings of cryptocurrency-related stocks on Tuesday. According to its transaction filings, Ark Invest purchased $13.5 million worth of Block shares, $7.6 million worth of Circle shares, and $3.86 million worth of Coinbase shares through multiple ETFs on Tuesday. Ark Invest primarily purchased these three companies' shares through the ARKK fund. As of Tuesday, Coinbase was the fund's fourth-largest holding, valued at $391 million, representing approximately 5.22% of its portfolio. ARKK also holds $179 million worth of Circle shares, representing 2.39% of the fund. ARKK holds $85.2 million worth of Block shares.

On Tuesday, Ark Invest also increased its holdings of Bullish stock by $1.52 million, Robinhood Markets stock by $878,794, and its own Ark-21Shares spot Bitcoin ETF by $2.8 million.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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