PANews reported on February 4th that, according to The Block, Ark Invest has increased its holdings in Bitmine, Bullish, Circle, and other cryptocurrency-related stocks during the ongoing market downturn.

According to its trading documents, Ark Invest purchased $3.25 million worth of Bitmine stock on Tuesday through its ETF, along with $3.46 million worth of cryptocurrency exchange Bullish and $2.4 million worth of Circle stock. It also increased its holdings in Block Inc. and Coinbase by $1.77 million and $630,606 respectively.