Ark Invest Doubles Down on Coinbase Amid Market Dip
The post Ark Invest Doubles Down on Coinbase Amid Market Dip appeared first on Coinpedia Fintech News
Cathie Wood’s Ark Invest took advantage of the market downturn on Monday, buying 84,514 shares of Coinbase across two ETFs, totaling around $13.3 million. The ARK Next Generation Internet ETF (ARKW) picked up 64,806 shares, while the ARK Fintech Innovation ETF (ARKF) added 19,708 shares. Following the move, Coinbase now ranks as the second-largest holding in ARKF at 7.65% and the fourth-largest in ARKW at 5.92%, highlighting Ark’s strong confidence in the crypto exchange.
Big Breaking: Trump Calls for 100% Tariff on Foreign Movies, Says U.S. Film Industry is ‘Dying’
The post Big Breaking: Trump Calls for 100% Tariff on Foreign Movies, Says U.S. Film Industry is ‘Dy...
Could a $1000 Investment in Mutuum Finance (MUTM) Turn Into $100,000 Like Dogecoin (DOGE) in 2021?
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Bitcoin Solaris Reduces Transaction Fees by 80% Compared to Bitcoin’s Network
The post Bitcoin Solaris Reduces Transaction Fees by 80% Compared to Bitcoin’s Network appeared firs...