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ARK Invest purchased $43.5 million in crypto stocks over three trading days, including Coinbase, Circle, Bullish, Robinhood, and SoFi Technologies. The buys were added to the ARK Innovation ETF, ARK Next Generation Internet ETF, and ARK Blockchain & Fintech Innovation ETF. Coinbase, Circle, and Bullish shares have fallen 17%, 27.6%, and 26.3% over the past month.
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