The logo for Coinbase Global Inc., the largest cryptocurrency exchange in the United States, is displayed on the Nasdaq MarketSite jumbotron and others at Times Square in New York, USA, April 14, 2021. REUTERS / Shannon Stapleton
ARK funds from star stockmaker Cathie Woods bought several shares of Coinbase (COIN.O) worth $ 110 million a day after the Nasdaq debut of cryptocurrency exchanges, according to the company’s daily trading summary on Thursday.
ARK, which gained prominence among retail investors last year, on Thursday bought a total of 341,186 shares in three funds, valued at $ 110 million at Thursday’s close of $ 322.75.
That added to 749,205 bought on Wednesday’s alert, or $ 245.9 million at Wednesday’s close of $ 328.28.
The funds added were its flagship fund ARK Innovation Ark Innovation ETF (ARKK.P), its next generation ETF (ARKW.P) and Fintech Innovation ETF (ARKF.P).
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