ARK Invest Doubles Down on Coinbase Despite Bear Market
• Cathie Wood’s ARK Invest has added $5 million worth of Coinbase (COIN) shares to its ARK Fintech Innovation Exchange-Traded Fund (ETF). • Despite the exchange’s share price crashing by 86 percent this year, ARK Invest has significantly increased its COIN holdings. • 2022 has been tough for the entire cryptoverse, with the bitcoin (BTC) …
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