Odaily Planet Daily reports that Cathie Wood’s Ark Invest has increased its holdings in Bullish, a cryptocurrency exchange supported by Peter Thiel, and purchased Circle stock, demonstrating its long-term confidence in digital assets. On the same day, Ark bought a total of 364,044 shares of Bullish through its three ETFs, valued at approximately $11.6 million based on closing prices, marking the tenth consecutive trading day of increased positions. Since the low of $24.90 on February 9, Bullish has rebounded about 28.3%, closing Wednesday at $31.88.
At the same time, Ark increased its holdings of Circle by 75,559 shares, worth about $4.4 million. Circle’s stock price fell 3.2% on the day to $57.86, up 7.8% over the past five days, but down 30% over the past month.
Overall market, U.S. major indices declined slightly, with the Dow down 0.1%, the Nasdaq down 0.2%, and the S&P 500 unchanged. In the crypto market, Bitcoin increased 0.2% over the past 24 hours to $67,143; Ethereum rose 0.9% to $1,968. (The Block)
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
BTC falls below 70000 USDT, intraday decline of 0.09%
Gate News, on March 20th, according to market data, Bitcoin broke below the 70,000 USDT level, currently trading at 69,991.06 USDT, with a daily decline of 0.09%.
GateNews1h ago
IPO Dreams Shattered! Gemini Hit with Class Action Lawsuit for "Misleading Investors," Stock Price Plummets 80% with 25% Layoffs and Exit from Multiple Countries
Gemini cryptocurrency exchange is facing its biggest crisis since its IPO, as it has been accused of providing false information in its listing documents, causing its stock price to plummet 80% and significant losses. The company has announced a 25% workforce reduction and withdrawal from multiple international markets, sparking serious market concerns about its operations. This incident may also impact the listing process of future crypto enterprises.
動區BlockTempo2h ago
Evernorth Discloses XRP Reserves Depreciated by $233.7 Million Last Year, Plans to Boost Returns Through DeFi Strategy
Evernorth Holdings disclosed in its S-4 filing an anticipated XRP impairment of approximately $233.7 million by 2025, primarily due to differences between the purchase cost and market price. Evernorth plans to actively manage its XRP reserves and introduce the RLUSD stablecoin to participate in decentralized finance transactions to enhance asset returns.
GateNews2h ago
BlackRock "Ethereum Staking ETF" Makes a Splash! First Day Trading Volume Exceeds $15.5 Million
BlackRock's "iShares Staked Ethereum Trust ETF (ETHB)" had a trading volume of over $15.5 million on its first day of listing, showcasing strong performance and highlighting the potential for institutional capital to flow into Ethereum. ETHB will directly hold Ether and participate in staking; in addition to benefiting from price fluctuations, investors can earn staking rewards, with 82% of the yields distributed to holders on a monthly basis.
区块客2h ago
Dogecoin Buzz Returns as Elon Musk Revives Dogefather Meme
Despite renewed enthusiasm from Elon Musk's revived "Dogefather" meme, Dogecoin's price remains flat, showing no immediate reaction in the market. Historically, Musk's posts have driven price increases, but current engagement hasn't sparked similar movements.
TheNewsCrypto3h ago
