ARK Invest Swaps Nearly $9M of Its Own Bitcoin ETF (ARKB) for Coinbase (COIN) Stock
Cathie Wood’s investment management company ARK Invest snapped up $8.7 million of Coinbase (COIN) shares on Tuesday as the rout in the cryptocurrency saw crypto equities slide. ARK added 41,032 COIN shares to its Next Generation Internet ETF (ARKW), as the crypto exchange’s stock fell nearly 6.5% on the day to $212.49. Meanwhile, ARK sold … Read more