3 sourcesTracking since 18 Jun, 03:03
Ark Invest buys $18 million worth of Coinbase shares, offloads $29 million in Robinhood
Chronological coverage
First seen18 Jun, 03:03Ark Invest buys $18 million worth of Coinbase shares, offloads $29 million in Robinhood
The trades came as Coinbase's stock closed down 2.57% at $164.92 on Wednesday, while Robinhood gained 8.78%.
The Block•Timmy Shen
Follow-up18 Jun, 03:09Ark Invest buys $18M in Coinbase shares while dumping $29M in Robinhood
Ark Invest's strategic shift highlights a preference for undervalued crypto assets, signaling potential market confidence in Coinbase's future growth.
CryptoBriefing•Editorial Team
Latest18 Jun, 06:31Ark Invest buys $18.4M in Coinbase shares, trims Robinhood
Cathie Wood’s Ark Invest has purchased $18.4 million worth of Coinbase shares across three ETFs, even as the crypto exchange’s stock has fallen nearly 13% over the past month. According to Ark Invest’s Wednesday trading disclosure, the investment firm acquired…
Crypto.news•Rony Roy