ARK Invest's Cryptocurrency Investment Exceeded 2.15 Billion Dollars

ARK Invest has bought an additional 105,000 shares of its Bullish stocks, bringing the total to 2.27 million shares. The value of this share purchase is estimated at 5.3 million dollars, and the total value is recorded at 114 million dollars.

This investment is part of ARK's increasing interest in digital asset infrastructure. Total cryptocurrency investments have exceeded 2.15 billion dollars through three exchange-traded funds (ETFs).

Additionally, ARK Invest has reduced its holdings in traditional technology companies Palantir and Shopify. This step was taken to create more space for cryptocurrency assets in their portfolios. Currently, cryptocurrency investments account for 29-17.7% of the company's portfolios.