Cathie Wood’s Ark Invest Buys $21 Million Worth of Coinbase Shares – What Do They Know?

Ark Investment Management, the fund led by the well-known technology investor Cathie Wood, has bought a dip. According to Barron’s, Ark’s exchange-traded funds (ETFs) bought nearly 421,000 – or 420,949, to be precise – of major crypto exchange Coinbase’s shares, to expand its position in the exchange by more than $21 million. This is based on the stock’s price at the close on Tuesday.... Read More: Cathie Wood’s Ark Invest Buys $21 Million Worth of Coinbase Shares – What Do They Know?