- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Ark Invest continues to increase its holdings in cryptocurrency-related stocks, purchasing shares of companies such as Block, Circle, and Coinbase yesterday.
BlockBeats News, November 26th, according to The Block report, Ark Invest, led by Cathie Wood, continued to increase its holdings of crypto-related stocks this Tuesday amid a cryptocurrency price drop and overall market downturn.
According to its trading documents, Ark Invest bought a total of $13.5 million worth of Block, Inc. stock, $7.6 million of Circle stock, and $3.86 million of Coinbase stock through several of its ETFs on that day. As of Tuesday, Coinbase is the fourth-largest holding in ARKK, valued at $391 million, representing approximately 5.22% of the fund's portfolio; ARKK also holds $179 million worth of Circle, making up 2.39%, and $85.2 million of Block.
Additionally, Ark Invest also increased its holdings of $1.52 million in Bullish stock, $878,794 in Robinhood Markets stock, and $2.8 million in the Ark-21Shares Bitcoin Spot ETF on that day.
You may also like
Make Probability an Asset: A Forward-Looking Perspective on Predictive Market Agents
Consumer application issues
Arthur Hayes: The flames of war in the Middle East rise, Bitcoin is bullish
Legendary investor Naval: In the AI era, traditional software engineers have no value?
More absurd than knowing about the war in advance is knowing in advance about the assassination of Soleimani
Key Market Insights on March 2nd, how much did you miss?
How to systematically track high-performing addresses on Polymarket?
From Stanford Lab to Silicon Valley Streets: How OpenMind is Solving the "Last Mile" Problem of the Machine Economy?
PlanX: Reconstructing On-Chain Execution with AI, Moving Towards a New Paradigm
US Judge Allows Binance Unregistered Token Lawsuit to Advance
Key Takeaways: A federal judge in Manhattan dismissed Binance’s petition to resolve a securities lawsuit through private arbitration,…
Crypto VC Paradigm Plans $1.5 Billion Expansion into AI and Robotics
Key Takeaways: Paradigm is setting up a new $1.5 billion fund to explore AI, robotics, and other emerging…
Ethereum Smart Accounts Set to Launch Within a Year, According to Vitalik Buterin
Key Takeaways: Ethereum’s “account abstraction” or smart accounts might be introduced in the coming year through the Hegota…
Bitcoin Recovers After Iran Conflict Shocks Market, Reverses $5K Fall in Just 24 Hours
Key Takeaways: Bitcoin dropped to approximately $63,000 amid tensions but rebounded to $68,200 within a day. Volatility led…
Former Mt. Gox CEO Suggests Hardfork to Retrieve $5.2 Billion in Bitcoin
Key Takeaways: Mark Karpelès, former CEO of Mt. Gox, proposes a Bitcoin network hard fork to access nearly…
South Korea National Tax Service’s Mistake Resulted in $4.8 Million Crypto Loss
Key Takeaways South Korea’s National Tax Service inadvertently exposed private keys, resulting in a $4.8 million crypto loss.…
Morgan Stanley Seeks National Trust Charter for Cryptocurrency Custody
Key Takeaways: Morgan Stanley has initiated a significant step toward digital asset management by applying for a national…
Solana Price Outlook: Major ETF Inflows Hint at Institutional Moves
Key Takeaways: Solana has experienced substantial ETF inflows, prompting speculation about institutional buy-in. On February 25, Solana recorded…
Bitcoin Price Prediction: Wikipedia Founder Warns BTC Could Plunge Below $10K — Should Investors Worry?
Key Takeaways Wikipedia co-founder Jimmy Wales warns Bitcoin might decline to below $10,000, prompting a bearish outlook. Wales…
App