Ark Invest has resumed its investment in Coinbase, purchasing 62,166 shares valued at approximately $16.47 million through its ARKW fund. This marks Ark's first acquisition of Coinbase stock since August, indicating a renewed institutional interest in the cryptocurrency exchange. The purchase comes as the market anticipates a potential resurgence in interest in crypto platforms.
Ark Invest Acquires $16.5M in Coinbase Shares After Hiatus
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