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Cathie Wood-founded asset manager ARK Invest revealed on Monday it had upped its exposure to crypto-linked stocks amid a stock slump this week.
In a trade notification shared with Cointelegraph on Monday, ARK Invest indicated that it had bought shares in trading platform Robinhood, stablecoin issuer Circle, Jack Dorsey’s Block Inc, digital asset manager BitMine and crypto exchanges Coinbase and Bullish, among others.
The purchases were made primarily across two of the firm’s exchange-traded funds…
