Ark Invest acquired $17.8M worth of Circle stocks
#ArkInvest added $17.8M worth of #Circle shares to its portfolio as the USDC stablecoin issuer's stock slipped further. This acquisition follows a classic "buy the dip" strategy as Ark Invest continues to capitalize on market pullbacks to increase exposure to key crypto and fintech players. The firm's latest trading disclosure shows Ark acquired 287,609 Circle shares across its three exchange-traded funds: ARKK, ARKW, and ARKF.
👉 theblock.co/post/406978/ark-invest-18-million-circle
#ArkInvest added $17.8M worth of #Circle shares to its portfolio as the USDC stablecoin issuer's stock slipped further. This acquisition follows a classic "buy the dip" strategy as Ark Invest continues to capitalize on market pullbacks to increase exposure to key crypto and fintech players. The firm's latest trading disclosure shows Ark acquired 287,609 Circle shares across its three exchange-traded funds: ARKK, ARKW, and ARKF.
👉 theblock.co/post/406978/ark-invest-18-million-circle