According to trading records disclosed by ARK Invest, the firm has been buying crypto-related stocks on dips during market volatility. On March 3, ARK purchased approximately 22,452 shares of Coinbase stock through its ETF, valued at about $4.09 million, and about 158,587 shares of Robinhood stock, valued at approximately $12.06 million. Currently, Coinbase is the sixth largest holding in ARK's flagship fund ARKK, accounting for about 4.21%, and Robinhood ranks seventh, accounting for about 4.07%. (The Block)
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According to trading records disclosed by ARK Invest, the firm has been buying crypto-related stocks on dips during market volatility. On March 3, ARK purchased approximately 22,452 shares of Coinbase stock through its ETF, valued at about $4.09 million, and about 158,587 shares of Robinhood stock, valued at approximately $12.06 million. Currently, Coinbase is the sixth largest holding in ARK's flagship fund ARKK, accounting for about 4.21%, and Robinhood ranks seventh, accounting for about 4.07%. (The Block)