Ark Invest Bought Over $75M in Crypto-Related Stocks in June
2026-07-01 11:44
According to Odaily, Ark Invest increased its holdings in crypto-related stocks during June as the share prices of crypto companies declined. The firm purchased $44 million worth of Coinbase stock, $25 million worth of Circle Internet stock, and $8.2 million worth of Bullish stock. Circle's stock price fell 40% in June, closing the month at $62.63, including an 18% drop on June 30 following the launch of competitor stablecoin Open USD. (CoinDesk)
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