Ark Invest, the investment house led by Cathie Wood, who is often praised for her stock-picking skills, bought 546,579 shares of Coinbase on Wednesday, worth $2.9 million, according to the firm’s daily trade information newsletter. The purchase is spread out across the company’s three exchange-traded funds: Ark Innovation (ARKK), Next Generation Internet (ARKW), and Fintech Innovation (ARKF).
Ark Invest
Michael Tchong
Founder, Author, Adjunct Professor, Futurist
Michael is the founder of Toolhacker LLC, an innovation speaker and adjunct professor at the University of San Francisco, futurist, and author of “Ubertrends — How Trends And Innovation Are Transforming Our Future.” He is also the founder of four ahead-of-the-wave startups, including MacWEEK, Atelier Systems, CyberAtlas, and ICONOCAST.
