ARK buys $ 110 million Coinbase shares and adds them to positions

The logo for Coinbase Global Inc, the largest US cryptocurrency exchange, will be displayed on April 14, 2021 on the Nasdaq MarketSite jumbotron and others on Times Square in New York, USA. REUTERS / Shannon Stapleton

According to the daily trading summary of the company on Thursday, the ARK funds of the celebrity, Cathie Woods’ ARK funds bought more shares of Coinbase (COIN.O) worth $ 110 million.

ARK, which gained notoriety among retail investors last year, bought a total of 341,186 shares in three funds on Thursday, worth $ 110 million at the close of $ 322.75 on Thursday.

It bought 749,205 according to the warning on Wednesday, or $ 245.9 million at the close of Wednesday’s $ 328.28.

The funds added were its flagship ARK Innovation Fund Ark Innovation ETF (ARKK.P), its Next Generation Internet ETF (ARKW.P) and Fintech Innovation ETF (ARKF.P).

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