ARK Doubles Down on Coinbase (COIN) With $21.6M Buy After SEC Suit Dragged COIN Lower

ARK bought 419,324 shares of Coinbase, worth around $21.6 million based on Tuesday’s closing price of $51.61. The buy was split across ARK’s Innovation ETF (NYSE:ARKK), the Next Generation Internet ETF (NYSE:ARKW), and the Fintech Innovation ETF (NYSE:ARKF).

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