ARK buys $246M of Coinbase stock, adds COIN to three ETFs

Cointelegraph

Published Apr 15, 2021 01:58AM ET

Updated Apr 15, 2021 03:40AM ET

Three exchange-traded funds offered by Cathie Wood’s ARK Invest purchased 749,205 shares in Coinbase Global, Inc (COIN) worth roughly $246 million combined.

The ARK Innovation ETF (ARKK) now holds 512,535 COIN shares, while the ARK Next Generation Internet ETF (ARKW) purchased 147,081 shares, and the ARK Fintech Innovation ETF (ARKF) bought 89,589.

Continue Reading on Coin Telegraph