Ark Invest spent over 24 million USD on crypto stocks through recent market dips. This includes 9.4 million USD in Circle, 6.25 million USD in Bitmine, and 6 million USD in Bullish, also increasing stakes in Block and Coinbase.
Despite recent drops in Bitcoin and Ethereum’s value, Cathie Wood highlights a potential bullish trend for Bitcoin fueled by rising gold prices. Bitcoin trades at 78,641 USD, down 10.9%, while Ethereum is at 2,331 USD, down 20%.
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