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Cathie Wood’s Ark Invest Fills Coinbase Bag Amid Fear-Driven Price Collapse

Ark Invest added a massive 139,105 Coinbase shares (worth $7,941,504.45) to its portfolio on Friday, alongside a substantial purchase of 263,504 Robinhood shares (worth $2,629,769.92).

Cathie Wood-led Ark Invest has been relatively quiet in recent weeks. Still, it would seem that Friday's collapse in the crypto exchange's stock price — driven by worries that U.S. regulators will restrict crypto staking — proved too attractive to pass up.

Cathie Wood Ark Invest Coinbase
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