Ark Invest has increased its holdings in Bullish for ten consecutive trading days, while also adding to its position in Circle
Cathie Wood's Ark Invest has once again increased its holdings in the crypto exchange Bullish, supported by Peter Thiel, and has purchased shares in Circle, demonstrating its long-term confidence in crypto 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 the closing price, marking the tenth consecutive trading day of increasing its position. Bullish has rebounded about 28.3% since its closing low of $24.9 on February 9, closing at $31.88 on Wednesday. Meanwhile, Ark increased its holdings in Circle by 75,559 shares, valued at about $4.4 million. Circle's stock price fell 3.2% that day, closing at $57.86, having risen 7.8% over the past five days, but still down 30% over the past month. In the broader market, major U.S. stock indices dipped slightly, with the Dow down 0.1%, the Nasdaq down 0.2%, and the S&P 500 flat. In the crypto market, Bitcoin rose 0.2% in the past 24 hours, trading at $67,143; Ethereum increased by 0.9%, trading at $1,968.