According to Odaily Odaily, Cathie Wood's Ark Invest has again increased its holdings in Bullish, the crypto exchage backed by Peter Thiel, and also purchased shares in Circle, demonstrating its long-term confidence in crypto assets. On the same day, Ark purchased a total of 364,044 shares of Bullish stock through three of its ETFs, worth approximately $11.6 million at the closing price. This marks the tenth consecutive trading day of increasing its holdings. Bullish has rebounded approximately 28.3% since its closing low of $24.90 on February 9th, closing at $31.88 on Wednesday.
Meanwhile, Ark increased its holdings in Circle by 75,559 shares that day, worth approximately $4.4 million. Circle's stock price fell 3.2% that day, closing at $57.86. It had risen 7.8% over the past five days, but was still down 30% over the past month.
In the overall market, major U.S. stock indices declined slightly, with the Dow Jones Industrial Average down 0.1%, the Nasdaq Composite down 0.2%, and the S&P 500 flat. In the cryptocurrency market, Bitcoin rose 0.2% in the past 24 hours to $67,143, while Ethereum rose 0.9% to $1,968. (The Block)
