ARK buys $246M of Coinbase stock, adds COIN to three ETFs
ARK Invest has spread nearly 750,000 COIN shares across three of its ETFs. Three exchange-traded funds offered by Cathie Wood’s ARK Invest purchased 749,205 shares in Coinbase Global, Inc (COIN) worth roughly $246 million combined. The ARK Innovation ETF (ARKK) now holds 512,535 COIN shares, while the ARK Next Generation Internet ETF (ARKW) purchased 147,081…
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