Another $5.7M Investment in Coinbase Shares Amid Increasing Demand From Ark Invest

Cathie Wood’s investment firm, Ark Invest, is about 5.7 It increased its investments in the company by buying another million dollars of Coinbase (COIN) shares.

ArkInvest, running low COIN continues to evaluate its price. In December of last year, in total 9 times COIN purchases Ark Invest’s interest in Coinbase, which also remained low in 2023, their investments increased. The company’s total value is approx. 5.7 million equivalent to dollars 172,276 added the stock to its portfolio.

Purchases are under the company’s management. Ark Fintech Innovation ETF (ARKF) and Ark Next Generation Internet ETF (ARKW) made through the funds. in total 172,276 share, 27,813 grain of ARKW, 144.63 if one ARKF was incorporated.

Although Coinbase various compatibility issues Although he had various struggles with the regulators due to New York Department of Financial Services (NYSDFS) made with $100 million settlement the attention of investors after the news again over had pulled.

source site-9