Cathie Wood's Ark Invest grabbed another $5 million of Coinbase (COIN) shares on Thursday. It closed down 11% on Thursday at $33.53. It fell almost 90% in 2022.
ARK's ARKW fund, or ARK Next Generation Internet ETF, bought 27,813 COIN shares. ARFK, or ARK Fintech Innovation EFT, bought 144,463 Coin shares.
Coinbase
COIN jumps 8% on news Coinbase will become the first pure-play crypto firm to join S&P 500 index Coinbase premium flips positive for first time in weeks, indicating rising bitcoin demand from US investors Coinbase's fiat-to-crypto onramp integrates Apple Pay Coinbase’s decision not to support Celo Layer 2 upgrade causes stir among stakeholders Coinbase shares drop 15% after weaker-than-expected earnings report
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