PANews February 4, 2023 — According to a report by The Block, during the ongoing market downturn, Ark Invest has increased its holdings in Bitmine, Bullish, Circle, and other cryptocurrency-related stocks. According to its trading filings, on Tuesday, Ark Invest purchased $3.25 million worth of Bitmine shares through its ETFs, as well as $3.46 million worth of shares in the crypto exchange Bullish and $2.4 million worth of Circle shares. Additionally, it increased its holdings in Block Inc. and Coinbase by $1.77 million and $630,606, respectively.
Ark Invest Buys $3.25M in Bitmine, $346K in Bullish, and $240K in Circle Stocks
PANewsShare
Summary
Ark Invest added $3.25 million in Bitmine, $346,000 in Bullish, and $240,000 in Circle as the fear and greed index showed early signs of a bullish trend. The firm also purchased $1.77 million in Block Inc. and $630,606 in Coinbase shares amid recent market weakness.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.