PANews, February 14: According to Cointelegraph, Cathie Wood’s ARK Invest purchased approximately 92,800 shares of Coinbase on Friday through its ARKK, ARKW, and ARKF ETFs, totaling around $15.2 million at closing price, following cumulative sales of over $39 million in Coinbase shares on February 5 and 6.
ARK Invest ETFs purchased $15.2 million in Coinbase stock on Friday.
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Summary
On-chain data shows ARK Invest added $15.2 million in Coinbase stock through its ARKK, ARKW, and ARKF ETFs on Friday, purchasing 92,800 shares. This follows a $39 million Coinbase sale in early February. On-chain analysis indicates the move occurred as crypto markets stabilized after recent volatility.
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