Summary
- Ark Invest said it bought shares of Bitmain Emergent Technologies totaling $4.46 million.
- Several of Ark Invest's ETFs purchased Bitmain shares.
- Meanwhile, Ark Invest reportedly sold 43,728 shares of Robinhood for about $5.13 million.
Ark Invest has purchased shares of 'Bitmain Emergent Technologies', an Ethereum (ETH) holding company.
On the 9th (local time), The Block reported that Ark Invest bought Bitmain shares totaling $4.46 million through its exchange-traded funds (ETFs).
Specifically, the 'ARK Innovation ETF' and the 'ARK Next Generation Internet ETF' bought 67,700 shares and 21,890 shares respectively, and the 'ARK Fintech Innovation ETF' also acquired 12,360 shares.
Meanwhile, it appeared they sold Robinhood shares newly added to the S&P 500 index. The 'ARK Next Generation Internet ETF' disposed of 43,728 Robinhood shares, totaling about $5.13 million.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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