#TrumpVsMusk
ARK Invest injects $37.3 million into Circle IPO and reduces its stakes in Coinbase and Robinhood
Movements:
• ARK invested $37.3M in Circle as part of its IPO plans.
• Sold:
• $23.6M of Coinbase shares.
• $5.5M of Robinhood.
Analysis:
• Indications that ARK prefers the future of stable payments over traditional trading platforms.
#ARKInvest #CircleIPO #Robinhood #Stablecoins
