Ark Invest Buys Coinbase, Circle, BitMine Shares Amid Crypto Price Dip
Ark Invest, led by Cathie Wood, has increased its holdings in crypto-related stocks including Coinbase, BitMine, and Circle. According to reports, the investment firm's actively managed ETFs purchased these equities as their prices declined on Monday. The move reflects Ark Invest's continued interest in the cryptocurrency market, even amidst price volatility. The investment firm appears to be taking advantage of the dip to increase its exposure to these companies. The specific amounts of the purchases were not disclosed in the report.
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