ARK Invest spends nearly $50M on Robinhood, Bullish and Circle as Bitcoin slips under $66,000
On Wednesday, ARK Invest led by Cathie Wood bought 433,806 Robinhood shares for about $33.8 million, along with additional Bullish and Circle stock totaling roughly $16 million, while the three names traded lower. Over the same session, US spot Bitcoin ETFs saw $276.3 million in net outflows and total Bitcoin ETF assets fell to $85.7 billion amid broader crypto market weakness.