Cathie Wood's ARK Invest Buys About $5M of COIN

Cathie Wood's Ark Invest grabbed another $5 million of Coinbase (COIN) shares on Thursday. It closed down 11% on Thursday at $33.53. It fell almost 90% in 2022.

ARK's ARKW fund, or ARK Next Generation Internet ETF, bought 27,813 COIN shares. ARFK, or ARK Fintech Innovation EFT, bought 144,463 Coin shares.