ARK Doubles Down on Coinbase (COIN) With $21.6M Purchase After SEC Swimsuit Dragged COIN Decrease

ARK purchased 419,324 shares of Coinbase, price round $21.6 million based mostly on Tuesday’s closing worth of $51.61. The purchase was cut up throughout ARK’s Innovation ETF (NYSE:ARKK), the Subsequent Era Web ETF (NYSE:ARKW), and the Fintech Innovation ETF (NYSE:ARKF).