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According to CoinDesk, Ark Invest bought over $75 million worth of cryptocurrency related stocks during the June decline in cryptocurrency assets, including $44 million worth of Coinbase (COIN), $25.25 million worth of Circle Internet (CRCL), and $8.2 million worth of Bullish (BLSH). Circle's stock price fell 40% to $62.63 in June, and fell another 18% on June 30th due to the launch of the stablecoin Open USD (OUSD). COIN closed down about 20% to $146.19 in June, while BLSH fell 27% to $23.43.