Ark Invest increased its holdings of Bullish stock by $17.8 million and reduced its holdings of Coinbase stock by $17.4 million yesterday
2026-02-06 10:27
Odaily News: Cathie Wood's Ark Invest adjusted its cryptocurrency-related stock holdings on Thursday, purchasing approximately $17.8 million worth of Bullish stock while selling approximately $17.4 million worth of Coinbase stock.
Disclosed trading records show that Ark purchased a total of 716,030 shares of Bullish stock through three of its exchange-traded funds. On the same day, it sold 119,236 shares of Coinbase stock. Cryptocurrency-related stocks generally declined that day, with Bullish's stock price falling 8.5% to $24.90 and Coinbase's dropping 13.3% to $146.12. Their respective monthly losses widened to 39.6% and 41.7%. (The Block)
