
Funds controlled by Ark Invest for the second day in a row bought in addition securities of the cryptocurrency exchange Coinbase – today at $ 7.5 million.
Prior to this, the venture organization acquired shares in the trading platform for $8.3 million.
The Cathy Wood Foundations have distributed assets as follows:
- flagship ETF ARK Innovation – 112,949 shares for $5.8 million;
- ETF ARK Next Generation – 20,313 shares for $1 million;
- TF ARK Fintech Innovation – 13,875 shares for $712,000.
The company purchased Coinbase securities at a rate of $51.31. At the time of writing, the asset is trading below $50.

At the end of April, Kathy Wood funds bought $8.6 million worth of trading platform securities. The transaction occurred on the same day that Coinbase filed a legal complaint regarding SEC.
Recall that in early May, Coinbase user Michael Mussel filed a lawsuit against the company for violating privacy laws due to the procedure KYC.
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Cryplogger Newsletters: Keep your finger on the pulse of the bitcoin industry!

Funds controlled by Ark Invest for the second day in a row bought in addition securities of the cryptocurrency exchange Coinbase – today at $ 7.5 million.
Prior to this, the venture organization acquired shares in the trading platform for $8.3 million.
The Cathy Wood Foundations have distributed assets as follows:
- flagship ETF ARK Innovation – 112,949 shares for $5.8 million;
- ETF ARK Next Generation – 20,313 shares for $1 million;
- TF ARK Fintech Innovation – 13,875 shares for $712,000.
The company purchased Coinbase securities at a rate of $51.31. At the time of writing, the asset is trading below $50.

At the end of April, Kathy Wood funds bought $8.6 million worth of trading platform securities. The transaction occurred on the same day that Coinbase filed a legal complaint regarding SEC.
Recall that in early May, Coinbase user Michael Mussel filed a lawsuit against the company for violating privacy laws due to the procedure KYC.
Found a mistake in the text? Select it and press CTRL+ENTER
Cryplogger Newsletters: Keep your finger on the pulse of the bitcoin industry!