Ark Invest Adds Crypto Equities and Bitcoin Exposure

Ark Invest bought $8.7 million of Circle (CRCL) and more than $6 million of BitMine Immersion Technologies (BMNR) on Monday, while also adding to Coinbase (COIN), Bullish (BLSH), Brera (SLMT) and its spot Bitcoin ETF ARKB. The moves followed Bitcoin’s 15-month low near $75,442 on Sunday and came as Circle and BitMine fell over 20% in five trading days; Ark holds about $248M CRCL, $228M BMNR and $425M COIN.