Ark Invest Buys Coinbase, Circle, Robinhood While Dumping Bullish Shares

Cathie Wood's Ark Invest purchased $3.4 million worth of Coinbase shares, $2.6 million in Circle stock, and $645,820 of Robinhood shares on Monday, according to The Block. All three positions closed lower that day. The fund simultaneously sold $2.3 million worth of Bullish shares, which dropped 5.6% during the same trading session.