Ark Invest bought $21.5 million of crypto company shares as bitcoin fell under $90,000

Ark Invest bought a total of $21.5 million worth of shares in Coinbase (COIN), Circle Internet (CRCL) and Bullish (BLSH) on Friday, the company's first purchases of the stocks since mid-December. The Cathie Wood-led investment manager added to its holdings in the three companies in its Innovation (ARKK) and Blockchain and Fintech Innovation (ARKF) exchange-traded funds (ETFs), according to an emailed disclosure. Ark added 129,446 shares of stablecoin developer Circle, worth $9.2 million based on Friday' ...