Ark Invest, led by CEO Cathie Wood, bought $43.5 million in Coinbase (NASDAQ:COIN) and Circle (NYSE:CRCL) shares this week while selling positions in four crypto equities as prices fell.
What Ark Actually Bought And Sold?
Ark's daily trading disclosures showed the firm purchased 122,544 Coinbase shares worth $18.6 million and 169,777 Circle shares worth $12.9 million over the past three sessions, according to Decrypt.
Both stocks fell alongside Bitcoin (CRYPTO: BTC) earlier this week, with COIN down 7% and CRCL down 6.5% over the past seven days.
On the sell side, ARK trimmed 120,665 Bitmine (NASDAQ:BMNR) shares worth roughly $2 million, 13,403 Block shares worth $1.1 million, 12,561 Robinhood (NASDAQ:HOOD) shares worth $1.1 million, and 11,314 Bullish (NYSE:BLSH) shares worth approximately $247,000.
