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Ark ETFs Resume Buying Coinbase Shares With $18 Million Purchase

Cathie Wood's Ark ETFs bought almost $18 million in Coinbase shares just days after the funds ended a months-long buying spree by divesting $13 million in the company's stock.

The Ark Innovation ETF added 230,599 Coinbase shares on March 23, while Ark Next Generation Internet ETF added 38,329 shares. At market's close, the trades were worth $17.8 million. 

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