Investment

750,000 Coinbase shares have been purchased by ARK Investment

For $245.6 million, ARK Invest purchased approximately 750,000 shares of Coinbase, the largest cryptocurrency exchange in the United States.

The securities were divided among the firm’s three exchange-traded funds (ETFs). The first Innovation received around 512,000 securities, while the remaining 237,000 were split between ARKW and Fintech Innovation.

The crypto exchange’s stock first appeared on the NASDAQ yesterday. Their selling began at more than $380, rose to $429, and ended the day at $315. On the stock exchange, the price of one COIN is currently about $328.

COIN isn’t the only investment behemoth interested in purchasing it. Other investors are also interested in Amplify ETFs. These are the most successful cryptocurrency exchange-traded funds (ETFs).

ARK now has more than $50 million in cash, with a 150 percent annual growth rate.

COIN isn’t the only investment behemoth interested in purchasing it. Other investors are also interested in Amplify ETFs. These are the most successful cryptocurrency exchange-traded funds (ETFs).

ARK now has more than $50 million in cash, with a 150 percent annual growth rate.

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