Cathie Wood's ARK Invest Buys About $5M of COIN, Continuing Her Dip-Buy Parade

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Greg Ahlstrand

Greg Ahlstrand is CoinDesk's Asia News Editor. Greg has no significant crypto holdings.

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Cathie Wood's Ark Invest grabbed another $5 million of COINBASE (COIN) shares on Thursday, as she continues to show confidence in the crypto exchange even as its share price falls. It closed down 11% on Thursday at $33.53. It fell almost 90% in 2022.

ARK's ARKW fund, or ARK Next Generation Internet ETF, bought 27,813 COIN shares.

ARFK, or ARK Fintech Innovation EFT, bought 144,463 Coin shares.

Read more: Cathie Wood's ARK Continues to Buy Coinbase's Dip, Adding $3.2 Million of COIN* to Portfolio

 https://www.coindesk.com

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