Ark Invest Buys $3.4 Million Worth on Coinbase; Bullish Sells $2.3 Million
Original headline코인베이스 340만달러어치 산 아크인베스트…불리시 230만달러 매도
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ARK Invest, led by Cathie Wood, bought $6.65 million of crypto-linked equities on Tuesday while selling $2.3 million of Bullish ($BLSH) shares, per Odaily. The firm added $3.4 million of Coinbase ($COIN), roughly 51% of the day's purchases, plus $2.6 million of Circle ($CRCL), about 39%, and under $646,000 of Robinhood ($HOOD), less than 10%. All three bought names—Coinbase, Circle, and Robinhood—closed lower on the day, as did Bullish, which fell 5.6%. The trades signal ARK rotating out of the newly listed Bullish exchange while doubling down on established crypto-infrastructure plays. Watch whether ARK continues trimming Bullish and how Coinbase and Circle shares respond to the fund's ongoing accumulation.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
ARK Invest, Coinbase (COIN), Circle (CRCL), Robinhood (HOOD), Bullish, Cathie Wood
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