ARK Buys Back Into Coinbase After $39M Sell-Off - But The Math Still Favors Caution
Cathie Wood's ARK Invest bought roughly $15.2 million worth of Coinbase stock on Friday, just days after offloading more than $39 million in shares across the same set of ETFs. The purchase coincided with a 16.4% single-day surge in Coinbase shares to $164.32 - but ARK's net position in the exchange