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Home›Crypto›Bitcoin›Ark Invest buys nearly $10M in Coinbase and Circle sto…

Ark Invest buys nearly $10M in Coinbase and Circle stock

The Block says Ark Invest also reduced its Solmate position while rebalancing fund weightings amid market volatility.

Reported · Written up by our desk · Bitcoin

Ark Invest has increased its holdings in crypto-related stocks, buying nearly $10 million worth of Coinbase and Circle shares, according to The Block.

The firm’s activity included selling a smaller amount of Solmate stock, as it continued rebalancing fund weightings during a period of market volatility, The Block reported.

The transactions reflect Ark Invest’s broader approach to adjusting exposure across its crypto-linked positions rather than maintaining fixed allocations.

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Sources

The BlockCathie Wood’s Ark Invest snaps up nearly $10 million in Coinbase and Circle stock

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