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.
