CryptoUpdated November 3

Ark adds Coinbase, Circle and Robinhood shares.

The interesting part of Ark’s crypto-stock move is that it wasn’t all buying. The Block reports that on Monday the firm bought $3.4 million in Coinbase shares, $2.6 million in Circle and $645,820 in Robinhood. A separate Cointelegraph report puts Ark’s Coinbase and Circle purchases at $17 million across two trading sessions, and says it sold about $8 million in Bullish. That $17 million is a two-session figure for Coinbase and Circle, not a total that includes Robinhood. The buys came as crypto stocks fell, but Ark was adding shares in three companies while selling another.

3 publishers3 reports

Coverage started November 3