Ark Invest invested 40 million dollars in crypto companies.

The Decline in the Crypto Market Continues

Ark Invest continues its investments in crypto companies, acquiring an additional 38.7 million dollars worth of shares from companies such as Coinbase, Bitmine Immersion Technologies, Circle Internet Group, and Bullish. This purchase marked the second day of investment aimed at increasing the asset management's contributions to the crypto world.

The expanded cryptocurrency market continues to widen its losses. The CoinDesk 20 Index dropped by more than 4.7% on Thursday. Despite these fluctuations in the crypto sector, Ark Invest appears determined to maintain its investment strategy.