PANews reported on December 3rd that, according to The Block, Ark Invest purchased 28,315 shares of Coinbase stock for its ARKK fund on Tuesday, worth approximately $7.5 million, as the market recovered from Monday's price crash. As of December 3rd, COIN (Coinbase's ticker symbol) is currently the ARKK fund's second-largest holding, with a weighting of 5.6% and a value of approximately $409.6 million, second only to its $900.2 million holding in Tesla stock. On Tuesday, as Bullish shares rose 5%, Ark Invest also purchased 42,434 shares of Bullish stock for its ARKK fund, worth $1.8 million. Additionally, the investment firm purchased another 1,951 shares of Robinhood stock (worth $245,000) for its ARKW fund.PANews reported on December 3rd that, according to The Block, Ark Invest purchased 28,315 shares of Coinbase stock for its ARKK fund on Tuesday, worth approximately $7.5 million, as the market recovered from Monday's price crash. As of December 3rd, COIN (Coinbase's ticker symbol) is currently the ARKK fund's second-largest holding, with a weighting of 5.6% and a value of approximately $409.6 million, second only to its $900.2 million holding in Tesla stock. On Tuesday, as Bullish shares rose 5%, Ark Invest also purchased 42,434 shares of Bullish stock for its ARKK fund, worth $1.8 million. Additionally, the investment firm purchased another 1,951 shares of Robinhood stock (worth $245,000) for its ARKW fund.
Ark Invest increased its holdings in Coinbase, Bullish, and Robinhood.
PANews reported on December 3rd that, according to The Block, Ark Invest purchased 28,315 shares of Coinbase stock for its ARKK fund on Tuesday, worth approximately $7.5 million, as the market recovered from Monday's price crash. As of December 3rd, COIN (Coinbase's ticker symbol) is currently the ARKK fund's second-largest holding, with a weighting of 5.6% and a value of approximately $409.6 million, second only to its $900.2 million holding in Tesla stock.
On Tuesday, as Bullish shares rose 5%, Ark Invest also purchased 42,434 shares of Bullish stock for its ARKK fund, worth $1.8 million. Additionally, the investment firm purchased another 1,951 shares of Robinhood stock (worth $245,000) for its ARKW fund.
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