According to The Block, ARK Invest continues to "buy the dip" amid ongoing declines in crypto-related stocks: on Monday, they increased their holdings in Circle stock by approximately $9.4 million through two ETFs, while also purchasing about $6.25 million worth of Bitmine and approximately $6 million of Bullish, and slightly increasing their positions in Block and Coinbase. It was also mentioned that ARK CEO Cathie Wood recently stated on X that the cyclical strengthening of gold could be a precursor signal for the next Bitcoin rally.
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According to The Block, ARK Invest continues to "buy the dip" amid ongoing declines in crypto-related stocks: on Monday, they increased their holdings in Circle stock by approximately $9.4 million through two ETFs, while also purchasing about $6.25 million worth of Bitmine and approximately $6 million of Bullish, and slightly increasing their positions in Block and Coinbase. It was also mentioned that ARK CEO Cathie Wood recently stated on X that the cyclical strengthening of gold could be a precursor signal for the next Bitcoin rally.