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0.00140067232271499 0.000280134464543067 -0.000600288138306296 -0.00152072995037616 -0.000720345765967578 0.00960461021290222 0.00640307347526822 0.0097246678405635
Stock impact report

Cathie Wood's Ark Invest on Crypto Stocks Buying Spree, Adds COIN, BLSH, and CRCL [Yahoo! Finance]

Coinbase Global, Inc. - Class A (COIN) 
US:NASDAQ Investor Relations: convertedorganic.com
Company Research Source: Yahoo! Finance
On Monday, Dec. 15, Ark Invest purchased $60 million worth of crypto equities with major investments in Coinbase (COIN), Circle (CRCL), and Bullish (BLSH). Over the past few weeks, Wood has been actively buying the stocks at every dip. While Coinbase (COIN) stock corrected over 6% on Dec. 15, it still attracted institutional buyers as Cathie Wood's Ark Investments chipped in. According to Ark Invest daily, the firm purchased a total of 64,946 COIN shares with an approximate investment of $16.3 million. This purchase happened across different portfolio funds such as the Ark Innovation ETF (ARKK), ARK Next Generation Internet ETF (ARKW), and the ARK Blockchain & Fintech Innovation ETF (ARKF). Ark Investments made a similar investment in Coinbase two weeks before. Cathie Wood's firm has been confidently buying the COIN stock despite the 40% from its highs of $420. Market expert The Great Mattsby noted that the Coinbase (COIN) stock is consolidating between its 50-week and 100-wee Show less Read more
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