PANews reported on February 18th that, according to The Block, Cathie Wood's Ark Invest purchased 41,453 shares of Coinbase stock on Tuesday through three ETFs,PANews reported on February 18th that, according to The Block, Cathie Wood's Ark Invest purchased 41,453 shares of Coinbase stock on Tuesday through three ETFs,
Ark Invest increased its holdings of Coinbase stock by $6.9 million yesterday.
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PANews reported on February 18th that, according to The Block, Cathie Wood's Ark Invest purchased 41,453 shares of Coinbase stock on Tuesday through three ETFs, worth approximately $6.9 million. ARKK bought 29,689 shares ($4.9 million), ARKW bought 7,525 shares ($1.2 million), and ARKF bought 4,239 shares ($704,000). This increase reversed a reduction earlier this month.
As of February 18, COIN was the seventh largest holding of ARKK Fund, accounting for 4% (approximately US$251.5 million); ARKW Fund was the seventh largest holding, accounting for 3.7% (approximately US$57.4 million); and ARKF Fund was the third largest holding, accounting for 5.6% (approximately US$44.6 million).
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