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Alexander Zdravkov

Ark Invest Acquires Over $16 Million in Coinbase Stock, Adds Bitcoin ETF Holdings

Cathie Wood's Ark Invest purchased more than 62,000 Coinbase shares worth over $16 million across three flagship funds on Wednesday. The firm simultaneously added approximately 39,400 shares of the Ark-21Shares Bitcoin ETF. Coinbase now represents more than 5% of the ARK Innovation ETF portfolio.
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