Cathie Wood's Ark Invest snatches up $9.2 million of Coinbase stock after the crypto exchange's massive January rally
The famed money manager purchased
on Friday, worth around $9.26 million at the time it disclosed its holdings. The shares were split between the ARK Innovation ETF and the ARK Next Generation Internet ETF .Ark owns over $18 billion worth of COIN across all eight of its exchange-traded funds, making up 3.88% of its total holdings. The money manager's last purchase of Coinbase shares was on January 11 when Ark bought $3.3 million worth of the crypto exchange's stock.
Ark Innovation ETF just logged its best performing month to date, surging 28% in January as well. The gains follow a low-performing year for the fund, which plunged nearly 70% last year.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
ARK Invest's Cathie Wood on Staking Ban: 'US Exchanges Lose'Legendary investor Cathie Wood, founder, CIO and CEO of asset management heavyweight ARK Invest, slams US regulators for their attack on centralized staking
Lire la suite »
Ark Invest on $1.4M BTC, Possible Julian Assange-Linked File on Bitcoin Blockchain — Week in Review – The Weekly Bitcoin NewsInvestment management firm Ark Invest has offered three bitcoin price predictions in a new report, including a bull scenario where bitcoin could reach $1.48 million per coin.
Lire la suite »
Judge pauses Oakland’s plan to clear Wood Street homeless campA week after a federal court gave Oakland the go-ahead to clear one of its most prominent homeless encampments, the judge in the case reversed his decision Friday.
Lire la suite »
Wood Street Encampment Shielded by Court Order in OaklandThere are new developments in an ongoing battle in the city of Oakland over the wood street homeless encampment. A court order is back in place to prevent clearing of encampment.
Lire la suite »
Tennessee Tech player Diante Wood hospitalized after sustaining on-court injury, game suspendedTennessee Tech junior Diante Wood was taken to the hospital on Saturday night after sustaining an injury during a game against Tennessee State. The game was suspended with 3 minutes left.
Lire la suite »