The June purchases point to continued exposure to crypto-linked equities, spanning exchange, stablecoin and digital-asset trading businesses.
Ark Invest bought more than $75 million worth of Coinbase, Circle and Bullish shares in June. The purchases increased the firm's exposure to crypto-linked equities tied to exchange trading, stablecoins (tokens designed to hold a fixed value) and digital-asset market infrastructure. The source provides no further breakdown of the June buying beyond the combined total and the three companies involved.