Ark Invest is known for capitalizing on price drops, purchasing shares in cryptocurrency firms when their values are low.
By Jamie Crawley|Edited by Sheldon RebackUpdated Jul 1, 2026, 11:48 a.m. Published Jul 1, 2026, 11:42 a.m. 1 min readMake preferred on ShareShare this articleCopy linkX (Twitter)LinkedInFacebookEmailMake preferred on Ark Invest CEO Cathie Wood (Danny Nelson/CoinDesk)SummaryShow- Ark Invest increased its holdings in cryptocurrency firms as their values dropped throughout June.
- The firm invested $44 million in Coinbase shares, $25 million in Circle Internet, and $8.2 million in Bullish.
- Circle's stock plummeted 40%, closing the month at $62.63, which included an 18% decline on June 30 after the launch of rival stablecoin Open USD.
Consistent with its strategy, Ark Invest capitalized on the falling prices of cryptocurrency shares in June.
Bitcoin BTC$58,580.68, the leading cryptocurrency, experienced its worst month in four years, leading to declines in the share prices of digital asset firms, which Ark interpreted as a chance to buy.
The investment firm based in St. Petersburg, Florida, acquired $44 million in shares from the crypto exchange Coinbase (COIN), according to the closing prices on the purchase dates. Additionally, it invested $25.25 million in Circle Internet (CRCL), the issuer of the second-largest stablecoin, USDC, and $8.2 million in crypto exchange Bullish (BLSH), the parent company of CoinDesk, as per their reported disclosures.
Circle's shares dropped by 40% during June, ending at $62.63. This decline included an 18% fall on June 30, coinciding with the launch of the competing stablecoin Open USD, which is supported by over 140 companies, including Coinbase, Stripe, Visa, Mastercard, and BlackRock.
COIN concluded June approximately 20% lower at $146.19, while BLSH declined 27% to $23.43.
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The Tachyon upgrade for Zcash aims to enhance shielded payments, bolster quantum readiness, and evaluate the sustainability of its funding, security, and governance.
By CoinDesk ResearchJun 30, 2026Commissioned byGenZcashThe Tachyon upgrade for Zcash aims to enhance shielded payments, bolster quantum readiness, and evaluate the sustainability of its funding, security, and governance.
Why it matters:
The Tachyon upgrade for Zcash aims to enhance shielded payments, bolster quantum readiness, and evaluate the sustainability of its funding, security, and governance.
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