On Monday, Ark Invest made significant trades, purchasing 71,500 shares of ARK 21Shares Bitcoin ETF (ARKB), valued at approximately $2 million; acquiring 8,776 shares of Robinhood Markets Inc. (HOOD), worth about $1.08 million; and buying 26,420 shares of Shopify Inc. (SHOP), valued at around $3.9 million. These transactions occurred amidst significant market fluctuations, with Bitcoin prices briefly falling to around $87,000. The company also traded stocks of CRISPR Therapeutics, Symbotic, WeRide, and Iridium Communications.
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Amid the chaos in the crypto assets market, Cathie Wood doubled down on the Bitcoin ETF, investing $3.9 million to buy into this Amazon competitor.
On Monday, Ark Invest made significant trades, purchasing 71,500 shares of ARK 21Shares Bitcoin ETF (ARKB), valued at approximately $2 million; acquiring 8,776 shares of Robinhood Markets Inc. (HOOD), worth about $1.08 million; and buying 26,420 shares of Shopify Inc. (SHOP), valued at around $3.9 million. These transactions occurred amidst significant market fluctuations, with Bitcoin prices briefly falling to around $87,000. The company also traded stocks of CRISPR Therapeutics, Symbotic, WeRide, and Iridium Communications.