Ark Invest Is Not Giving Up Coinbase Shares - Coinleaks
Current Date:September 21, 2024

Ark Invest Is Not Giving Up Coinbase Shares

Katie Woodis the founder of Ark Invest, about the past day 8.6 millionBought $ of Coinbase stock.

Tensions between the US regulator SEC and Coinbase began to escalate day by day. The exchange’s moves towards the SEC have become one of the latest agendas. On the other hand, Cathie Wood’s company Ark Invest, again coinbasebought the stock.

investment firm Ark Invest purchased shares in three parts through its different commercial branches. With these acquisitions, approximately $8.6 million in Ark Invest’s hands. coinbasestock has expired.

Ark Invest Bought $8.6 Million Coinbase Shares

Katie Wood‘s company Ark Invest continues to buy Coinbase stock on a regular basis. The company, which shows a special interest in the shares of Coinbase, made a new purchase the other day.

Ark Invest, which recently sued the SEC Coinbase’s he was hungry for his share. It was noteworthy that the case and the share purchase coincided with the same day.

Ark Invest, an American investment management firm led by Cathie Wood, has acquired Coinbase shares through three different trading arms. Ark Innovation ETF bought 122,083 shares, while ARK Next Generation Internet ETF bought 20,327 shares. Finally, the ARK Fintech Innovation ETF bought 14,633 shares. The total expenditure of all these shares was approximately $8.6 million.