Ark Invest Buys the Dip, Adding $56M in Crypto-Related Equities Amid Market Sell-Off
Cathie Wood’s Ark Invest expanded its exposure to the crypto sector on Monday by purchasing over $56 million worth of shares in several companies and its own Bitcoin ETF, capitalizing on a day when these assets experienced a notable decline. According to a trade filing, the firm’s three exchange-traded funds (ARKK, ARKW, and ARKF) acquired: … Read more