The firm added to its positions in Robinhood, Bitmine, and Bullish on Thursday, continuing a 10-day buying run for the exchange despite tech sector volatility.
ARK Invest purchased an additional $18 million in crypto-adjacent stocks on Thursday, comprising $12 million in Robinhood (HOOD), $4 million in Bitmine Immersion Technologies (BMNR), and $2 million in Bullish (BLSH). This marks the 10th consecutive day of equity accumulation in Bullish, despite the exchange's shares dipping 0.53%. The purchases occurred during a broader market pullback, with Robinhood shares falling 8.9% and Bitcoin briefly testing $67,000.