Ark Invest Buys $21.6 Million Worth Coinbase Shares, Despite

Cathie Wood's Ark Invest buys Coinbase shares worth $21 million

ARK Invest buys Coinbase shares the same day SEC serves lawsuit

Cathie Wood

Cathie Wood’s ARK loads up crypto bags, buys $19.9M

On Monday, Ark Invest sold approximately $5.3 million worth of Coinbase stock, totaling 43,956 shares. The sale comes as Coinbase's stock hit a peak of $121.67, a

Cathie Wood’s Ark Investment Management, the second-largest holder of Coinbase Global (COIN) stock, doubled down on its investment in the crypto exchange after

A day back

Cathie Wood's ARK Buys $21.6M Coinbase Shares as SEC Suit

A day back, the SEC sued Coinbase on account of violating U.S. security laws. The regulator contended that

Ark Invest Acquires 53,708 Coinbase Shares Worth

The same day ARK Invest

Ark Invest sells Coinbase shares, buys into Robinhood amid crypto

The same day ARK Invest bought more than $21 million worth of Coinbase shares, stock prices for the exchange plummeted by 20% following the lawsuit issued by the

Despite the legal drama and price dip, Cathie Wood’s Ark Invest bought Coinbase shares worth millions yesterday. In batches of 329.7k, 53.8k, and 35.6k, the

Ark

Ark Invest Acquires Coinbase Shares despite SEC Allegations

Ark's flagship exchange-traded fund, Ark Innovation ETF, purchased 329,773 shares of Coinbase, according to an update from the fund manager's trading desk on

Using the stock closing price of about $52 per share, the total Coinbase shares that Ark Invest bought were worth $21.64 million. Ark Invest conducted the transaction