Cathie Wood's Ark Invest Grabs More Than Half a Million Coinbase Shares as Exchange's Stock Plummets

2 years ago

Greg Ahlstrand is CoinDesk's Asia News Editor. Greg has nary important crypto holdings.

Three funds of Cathie Wood’s ARK Investment Management bought a combined full of 546,579 shares of Coinbase Global (COIN), Ark said successful an email connected Thursday. Coinbase shares were down 26.4% to $52.35 successful post-market trading connected Wednesday.

  • ARK Innovation ETF, oregon AARK, bought 360,855 Coinbase shares, 0.252% of the fund's investments.

  • ARK Next Generation Internet ETF, oregon ARKW, bought 62,602 shares, making Coinbase 0.2397% of the fund's investment.

  • ARK Fintech Innovation ETF, oregon ARKF, bought 123,122 Coinbase shares, comprising 0.7747% of the fund's investment.

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Greg Ahlstrand is CoinDesk's Asia News Editor. Greg has nary important crypto holdings.

Greg Ahlstrand is CoinDesk's Asia News Editor. Greg has nary important crypto holdings.


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