ARK Fund has increased its holdings of Coinbase shares by more than $30 million since last week
Data shows that as of the time of writing, the ARK Ark Fund has accumulated 314,088 shares of Coinbase stock (COIN) since November 13th, valued at approximately $31.11 million at current prices. As of Friday's close, COIN was trading at $99.05.
Previously, Golden Finance reported that Cathie Wood, the founder of the Ark Fund, stated that the cryptocurrency ecosystem will reach a scale of $25 trillion by 2030, and most people understand that Bitcoin is a currency revolution.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BREAKING: Bitwise Registers Dogecoin Spot ETF in Delaware
Top 10 Altcoins with the Most Recent Growth in Active Wallet Addresses Revealed – Here is the List
Cryptocurrency analysis company Santiment evaluated the altcoins with the most wallet activity in its statement.
New Development in Ripple – SEC Case! The Organization That Opposed Spot Bitcoin ETFs Now Supports the SEC!
Better Markets, the organization that also opposed the spot Bitcoin ETF approval, announced that it supports the SEC in the XRP case.