ARK Make investments CEO and Chief Funding Officer Cathie Wooden stated in a current interview with Bloomberg. Mentioned Her flagship fund, Ark Innovation (ARKK), is rising its place in Coinbase (NASDAQ:) inventory after the Securities and Alternate Fee (SEC) sued Binance, certainly one of Coinbase’s greatest opponents. Why?

ARKK bought roughly 330,00 shares of COIN on June 6, 2023. value On the time, the associated fee was about $17 million, based on a disclosure assertion. Two different exchange-traded funds (ETFs), the Ark Fintech Innovation ETF and the Ark Subsequent Technology Web ETF, additionally added 35,700 shares value $1.8 million and 53,900 shares value $2.8 million, respectively.

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