Cathie Wood’s investment firm, Ark Invest, has increased its investments in Coinbase (COIN) shares, making another $8.6 million purchase.
Ark Invest’s April 24 In the daily trading report published on 8.6 million worth a dollar 157.043 COINs reportedly received.
Purchases by data 14,633 of them Fintech Innovation ETF (ARKF), 122,083 of them To the Ark Innovation ETF (ARKK) And 20,327 of them Ark Next Generation Internet ETF (ARKW) in total, including 3 funds done through.
On the other hand, Wood’s purchases are varied in the market. It started to cause speculation. Owns a sizable amount of Coinbase shares ArkInvest, happened last month snow on the rise had made the sale. Then Coinbase Wells statement in the cryptocurrency market “Inside Trading” of the allegations to be revealed had caused.
According to Nasdaq data 30 days in 19.79% value losing COIN, in the last 24 hours 7.27% session by falling 54.75 closed at the dollar level.
Coinbase’s acquisition of Wood to the US Securities and Exchange Commission (SEC) with the lawsuit same day coincide drew attention. Coinbase filed with the SEC on the same date. Administrative Procedure Laws to respond to a petition submitted in July of last year within the scope of had sued.