Cryptocurrency investment firm ARK Invest invested approximately $1.5 million in SoFi Technologies (SOFI) shares on November 29. This move comes on the same day that SoFi Technologies announced its exit from the cryptocurrency market.

- ARK Invest purchased a total of 200,275 SOFI shares on November 29 and reserved them for the ARK Fintech Innovation ETF (ARKF).

- SoFi Technologies officially confirmed its decision to terminate its cryptocurrency services in 2023.

- ARK Invest continued collecting SoFi shares throughout 2023, collecting a total of 1,772,991 SOFI shares for ARKF.

- On the same day, ARK Invest also purchased 221,759 shares of Robinhood (HOOD).

- ARK Invest continues to exit Coinbase (COIN) shares; On November 29, he sold approximately 38,000 COIN shares from the ARKF ETF.