Cathie Wood's ARK Invest recently purchased nearly $2.2 million worth of Coinbase (COIN) shares, adding 12,994 shares to its Fintech Innovation ETF (ARKF) for the first time since September 11. This acquisition, which brings ARKF's total holdings in COIN to approximately $67 million, comes as COIN has risen about 6.5% since ARK's last purchase but remains 20% lower than in late August. Additionally, ARK sold 135,665 shares of Robinhood (HOOD) for nearly $3.5 million to comply with SEC regulations, as HOOD shares gained nearly 10% on Tuesday. Source: Coindesk
