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Cathie Wood's ARK adds $12.1M in Coinbase shares amid turbulent markets

Published 11/10/2022, 09:37 PM
Updated 11/10/2022, 11:20 PM
Cathie Wood's ARK adds $12.1M in Coinbase shares amid turbulent markets
COIN
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Amid the FTX and crypto market chaos, Cathie Wood-led Ark Investments has increased its Coinbase (NASDAQ:COIN) holdings with a purchase of 237,675 COIN shares worth about $12.1 million on Nov. 9.

Of the 237,675 COIN shares, Ark Investment Management added 207,527 shares to its ARK Innovation ETF (ARKK), 22,416 shares to its ARK Next Generation Internet ETF (ARKW), and another 7,732 shares to its ARK Fintech Innovation ETF (ARKF).

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