Ark Invest added more than $75 million in crypto-linked stocks in June as the sector sold off, reinforcing its buy-the-dip strategy. Coinbase, Circle and Bullish were the main beneficiaries even as Circle suffered a steep monthly decline.
Ark Invest accumulated nearly 3.3 million SpaceX shares worth more than $500 million on the company’s record-setting IPO day. The move came alongside more than $325 million in stock sales across at least 13 companies.
