The logo of Coinbase Global Inc, the largest cryptocurrency exchange in the United States, is displayed at the Nasdaq MarketSite jumbotron and others in Times Square in New York, USA, on April 14, 2021. REUTERS / Shannon Stapleton
ARK funds from famed Catholic Cathie Woods bought more shares of Coinbase (COIN.O) worth $ 110 million a day after the Nasdaq debuted cryptocurrency exchange, according to the firm’s daily trading summary on Thursday .
ARK, which gained prominence last year among retail investors, 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 purchases according to its Wednesday 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 Internet ETF (ARKW.P) and Fintech Innovation ETF (ARKF.P).
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