Ark Invest Buys $48.7 Million in SpaceX as Nasdaq Posts Worst Day Since April 2025
Image: CoinCentral
TLDR Ark Invest bought about $117 million in SpaceX, Nvidia, AMD and Coinbase shares on Thursday. The firm sold about $4.55 million combined in Bullish and Bitmine shares. The Nasdaq Composite fell 5.52%, its worst day since April 2025. Bitcoin dropped 5.8% to $75,908, and ether fell 8.2% to $2,234. South Korea’s Kospi briefly halted trading Friday after plunging nearly 9%. Cathie Wood’s Ark Invest put about $117 million into technology and crypto stocks on Thursday as a broad sell-off hit U.S. technology shares and digital assets. The firm bought shares of SpaceX, Nvidia, AMD and Coinbase, according to its latest trading disclosure. Ark also trimmed two smaller crypto-related holdings on the same day. It sold about $4.55 million combined in Bullish and Bitmine shares through its exchange-traded funds.
Read the full story on CoinCentralBeCrypto News shows a short excerpt and links to the publisher. The full report belongs to CoinCentral.
