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Cathie Wood's Ark Invest Loads Up on Google, Coinbase, Circle and Bitcoin ETF Shares
Summary by decrypt.co
2 Articles
2 Articles
Ark Invest Adds Coinbase Shares as Cathie Wood Signals Inflation Turning Point
Ark Invest made a new purchase of Coinbase shares and expanded its position in a bitcoin ETF. In addition, Cathie Wood expects that the current liquidity pressure could reverse in the coming weeks. The firm acquired a total of 62,166 Coinbase shares valued at $16.47 million across the ARKK, ARKW and ARKF ETFs. Coinbase remains the fifth-largest holding in ARKK, with a total value of $392 million and a portfolio weight of 5.2%. The stock closed a…
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