Cathie Wood’s ARK Invest has made a notable move by purchasing approximately $2.2 million worth of Coinbase (COIN) stock, marking its first acquisition of the crypto exchange shares since September
Coinbase Global (NASDAQ: COIN), a leading cryptocurrency exchange, is currently trading at $168.82 at the time of publication of this report on October 4, 2024.
Coinbase stock was trading firm on Friday as majority of cryptocurrencies were trading positive today. BTC briefly traded above $64,000 but then declined in 63,500 range.