{"id":75672,"date":"2023-03-16T15:22:15","date_gmt":"2023-03-16T13:22:15","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=75672"},"modified":"2025-09-10T12:58:25","modified_gmt":"2025-09-10T09:58:25","slug":"ark-invest-spent-a-further-9-million-buying-block-shares","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/ark-invest-spent-a-further-9-million-buying-block-shares\/","title":{"rendered":"Ark Invest spent a further $9 million buying Block shares"},"content":{"rendered":"<p>Three exchange-traded funds managed by Ark Invest bought Block securities\u2014Block, the company led by Jack Dorsey\u2014for a total of more than $9 million. This is according to the <a href=\\\"https:\/\/ark-funds.com\/our-etfs\/\\\"> \u043e\u0442\u0447\u0435\u0442\u0430<\/a> of the management company.<\/p>\n<p>Investments were distributed as follows: Ark Innovation ETF bought 104,480 shares, 17,162 \u2014 Ark Next Generation Internet ETF and 905 \u2014 Ark Fintech Innovation ETF.<\/p>\n<p>Taking into account the latest operations, the total value of Ark Invest&#8217;s purchases of Block&#8217;s securities has surpassed $30 million \u2014<a href=\"https:\/\/forklog.com\/en\/news\/ark-invest-buys-jack-dorseys-block-shares-for-the-second-time-in-a-week\"> $13.7 million<\/a> on March 14 and<a href=\"https:\/\/forklog.com\/en\/news\/ark-invests-cathie-wood-buys-block-shares-for-6-4-million\"> $6.4 million<\/a> the day earlier.<\/p>\n<p>Earlier, Ark Invest<a href=\"https:\/\/forklog.com\/en\/news\/ark-invest-raises-16-3-million-for-private-crypto-funds\"> attracted $16.3 million<\/a> into two private crypto funds based in the United States and the Cayman Islands.<\/p>\n<p>Earlier, the fund structures<a href=\"https:\/\/forklog.com\/en\/news\/ark-invests-cathie-wood-buys-coinbase-and-robinhood-shares-for-13-4-million\"> bought additional<\/a> Coinbase securities and those of the online broker Robinhood for $3.44 million and $9.97 million respectively. Later, the funds<a href=\"https:\/\/forklog.com\/en\/news\/ark-invests-cathie-wood-adds-coinbase-shares-worth-about-20-million\"> added<\/a> another $20 million of shares of the U.S. crypto exchange to their portfolios.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Three Ark Invest-managed exchange-traded funds bought Block securities, the company of Jack Dorsey, for more than $9 million in total. This is according to the management company&#8217;s report.<\/p>\n","protected":false},"author":1,"featured_media":75673,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1218,1330,1211],"class_list":["post-75672","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-ark-invest","tag-jack-dorsey","tag-stock-market"],"aioseo_notices":[],"amp_enabled":true,"views":"11","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/75672","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=75672"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/75672\/revisions"}],"predecessor-version":[{"id":75674,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/75672\/revisions\/75674"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/75673"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=75672"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=75672"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=75672"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}