According to Odaily Planet Daily, Ark Invest increased its holdings in crypto-related stocks on Tuesday, purchasing approximately $21.2 million worth of Bullish stock (356,346 shares) and $16.2 million worth of Robinhood stock (150,908 shares) through its ETF. This marked the third consecutive trading day of buying Robinhood shares, following its $172 million investment in Bullish last week.

Bullish closed down 6.09% at $59.51 that day, falling another 3.24% in after-hours trading. Robinhood closed down 6.54% at $107.50, down 1.23% in after-hours trading. Cryptocurrency stocks also fell across the board, with Coinbase down 5.82%, Galaxy Digital down 10.06%, Strategy down 7.43%, and Circle down 4.49%. The Nasdaq Composite Index fell 1.46% that day. (The Block)