Cathie Wood’s investment firm Ark Invest has increased its investments in crypto companies, acquiring $9.2 million shares of Coinbase (COIN) and $2.6 million of Robinhood (HOOD).
Ark Invest continues to increase its Coinbase investments. Company, January 12 received on the of 74,792 shares as well as last friday 162,325 pieces COIN stock bought more. In addition $2.6 million worth 263,504 Robinhood The company, which bought the shares, increased its investments in companies operating in the crypto sector. Ark’s total investment in COIN since the beginning of the year is approximately $19.73 million reached.
In total in January 4 times COIN Ark Invest, which made a purchase transaction, thus made its first purchase in February. Purchases under the company’s management Ark Fintech Innovation ETF (ARKF) And Ark Next Generation Internet ETF (ARKW) made through the funds.
Continuing its downward trend for a long time COINwith a record performance in January $40.6 from the level 95% rose and 80 dollars reached the band. COIN, at the time of writing 30%with a pullback from $57 is being traded. A similar upward performance HOOD observed on the side. From the beginning of January to the beginning of February 45% with the rise $7.85 from the level $11.52 reached. HOOD, at the time of writing the news from $10 is being traded.