Ark Invest reduces holdings in multiple crypto-related stocks, simultaneously purchases approximately $14.5 million worth of SpaceX shares.
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Ark Invest reduces holdings in multiple crypto-related stocks, simultaneously purchases approximately $14.5 million worth of SpaceX shares.
According to The Block, Cathie Wood's Ark Invest sold several crypto-related stocks from its ARKK ETF on Wednesday amid falling share prices, including Bitmine (120,665 shares, approximately $2 million), Block Inc. (13,403 shares, approximately $1.1 million), Robinhood (12,561 shares, approximately $1.1 million), and Bullish (11,314 shares, approximately $247,000). Meanwhile, Ark bought approximately 128,932 shares of SpaceX across its multiple ETFs, valued at approximately $14.5 million.
Navigating Web3 tides with focused insightsTechFlow news, July 30, according to The Block, Ark Invest, led by Cathie Wood, sold multiple crypto-related stocks from its ARKK ETF on Wednesday amid falling stock prices, including Bitmine (120,665 shares, approximately $2 million), Block Inc. (13,403 shares, approximately $1.1 million), Robinhood (12,561 shares, approximately $1.1 million), and Bullish (11,314 shares, approximately $247,000). Meanwhile, Ark purchased approximately 128,932 shares of SpaceX across its multiple ETFs, valued at approximately $14.5 million.
