ARK Invest increased its holdings by $12.6 million in Coinbase stock and $18.1 million in Block stock last Friday
ChainCatcher news, ARK Invest, led by Cathy Wood, purchased $12.6 million worth of Coinbase shares last Friday. According to an email sent on Friday evening U.S. time, the ARK Innovation ETF (ARKK) increased its holdings by 155,833 shares, while the ARK Next Generation Internet ETF (ARKW) added 26,395 shares. This marks the second consecutive day that ARK Invest has increased its stake in the stock following Coinbase receiving a "Wells Notice" from the U.S. Securities and Exchange Commission (SEC) on March 22.
Additionally, ARK also bought $18.1 million worth of Block shares on Friday. On March 23, the stock fell 17% after short-selling firm Hindenburg Research released a negative report. (CoinDesk)
Related tags
ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
Related tags