Ark Invest buys $3.3 million of Circle shares as stock plunges 17.6%
Cathie Wood’s Ark Invest purchased $3.3 million in Circle shares on Tuesday as the stock plunged 17.6% to $63.99. The exchange-traded fund manager also added to positions in Coinbase, Bullish, and Robinhood during the sell-off, according to The Block.
From the sources (5 posts)
@cointelegraph🔥 LATEST: Cathie Wood’s ARK Invest bought more crypto-linked exposure on June 26, adding 68,366 COIN, 78,756 CRCL and 57,511 BLSH shares.
@theblockcoTHE BLOCK: Cathie Wood's Ark Invest bought more Coinbase, Circle, Bullish, and Robinhood shares on Monday. All four stocks closed higher on the day.
@cointelegraph🔥 BIG: Cathie Wood's ARK Invest bought 149,422 shares of $BLSH, 81,757 $CRCL, 45,164 $COIN and 2,943 $HOOD across its ETFs.
@theblockcoTHE BLOCK: Cathie Wood's Ark Invest bought $3.3 million worth of Circle shares on Tuesday as the stock plunged 17.6%. The firm also purchased more shares in Coinbase, Bullish, and Robinhood.
@bitfoliobiz3 takeaways from today’s Open USD launch: 1️⃣ Circle shares down 16% to $63.99, 39% month‑to‑date. 2️⃣ Over 140 firms—including Coinbase, Visa, BlackRock—back OUSD. 3️⃣ Expect liquidity churn as merchants test the neutral stablecoin. #Crypt