Odaily Planet Daily reports that Cathie Wood’s Ark Invest has increased its holdings in Bullish, a cryptocurrency exchange supported by Peter Thiel, and purchased Circle stock, demonstrating its long-term confidence in digital assets. On the same day, Ark bought a total of 364,044 shares of Bullish through its three ETFs, valued at approximately $11.6 million based on closing prices, marking the tenth consecutive trading day of increased positions. Since the low of $24.90 on February 9, Bullish has rebounded about 28.3%, closing Wednesday at $31.88.
At the same time, Ark increased its holdings of Circle by 75,559 shares, worth about $4.4 million. Circle’s stock price fell 3.2% on the day to $57.86, up 7.8% over the past five days, but down 30% over the past month.
Overall market, U.S. major indices declined slightly, with the Dow down 0.1%, the Nasdaq down 0.2%, and the S&P 500 unchanged. In the crypto market, Bitcoin increased 0.2% over the past 24 hours to $67,143; Ethereum rose 0.9% to $1,968. (The Block)
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