Ark Invest Acquires $39M in Circle, Bullish, BitMine Shares

Ark Invest acquired $39 million in shares of Bullish, Circle Internet Group, and BitMine Immersion Technologies across its ETFs.

The ARK Fintech Innovation ETF (ARKF) acquired 48,011 Bullish shares, 22,327 Circle shares, and 26,923 BitMine shares.
The ARK Next Generation Internet ETF (ARKW) bought 92,670 Bullish shares, 43,174 Circle shares, and 51,954 BitMine shares.
The ARK Innovation ETF (ARKK) made larger purchases: 322,917 Bullish shares, 150,518 Circle shares, and 181,774 BitMine shares.

Total investments amounted to:

$16.8 million in Bullish shares
$15 million in Circle shares
$7.6 million in BitMine shares

This move comes amid a declining crypto market. Notably, BMNR dropped by 9.52%, BLSH fell by 3.63%, and CRCL decreased by 8.98%.

In related activity, Strategy’s share MSTR declined by 9.82%, yet the company reported purchasing 8,178 BTC despite market dips and US BTC ETF outflows.