Cathie Wood’s ARK loading up on Coinbase shares again, buying $18M By Cointelegraph

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Cathie Wood’s investment management firm has gone back to buying Coinbase (NASDAQ:) shares again, just a day after COIN’s stock price dipped amid news of its Wells notice.

On March 23, ARK Invest purchased 268,928 Coinbase shares via its ARKK Innovation and ARKW Next Generation Internet exchange-traded funds. The shares wereworth $17.88 million at the time of writing.

Coinbase’s share price from March 17 to March 23. Source: Barron’s
SEC filing showing the latest shares sold by Coinbase CEO Brian Armstrong. Source: SEC Archives