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ARK Invest reduces Bitcoin ETF position and acquires more Circle stock, Jordan Kerridge reports

ARK Invest reduces Bitcoin ETF position and acquires more Circle stock, Jordan Kerridge reports
ARK Invest trims Bitcoin ETF, adds Circle

ARK Invest has sold $15.9 million worth of its own Bitcoin ETF, ARKB, while purchasing another $5.2 million of Circle shares. Despite this sale, ARKB remains a top-10 holding in both ARKW and ARKF. Jordan Kerridge shared this update.

Jordan Kerridge has previously reported on government and geopolitical developments affecting global markets. He recently noted the U.S. Treasury's plan to buy back up to $6 billion in longer-term debt. Kerridge also highlighted that Iran may reopen the Strait of Hormuz within seven days if the U.S. accepts its conditions.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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