Cathie Wood’s investment management firm ARK has spent a total of $13.2 million on Coinbase (COIN) shares.
According to an investor email,
Cathie Wood’s ARK Innovation ETF (ARKK) added 181,972 shares ($11.4 million) of Coinbase.
The purchase is ARK’s single biggest Coinbase order of the year beating the $9.2 million order earlier this month.
ARK also added 31,547 COIN shares ($1.93 million) to its Next Generation Internet ETF (ARKW).
The total of 213,519 shares is way higher than the 133,321 shares it purchased across the whole of last week.