In an interview with Bloomberg, Cathie Wooden, CEO and Chief Funding Officer of ARK Make investments, lately mentioned why its flagship fund, Ark Innovation (ARKK), is bolstering its place in Coinbase shares (NASDAQ:) after the Securities and Trade Fee (SEC) sued Binance, considered one of Coinbase’s largest opponents.
ARKK bought practically 330.00 shares of COIN on June 6, 2023, worth about $17 million on the time, in accordance with disclosure statements. Two different exchange-traded funds (ETFs), Ark Fintech Innovation ETF and Ark Subsequent Technology Web ETF, additionally added 35,700 shares (price $1.8 million) and 53,900 shares (price $2.8 million), respectively.
Proceed studying on Coin Telegraph
