Tag Archives: Ark Invest

Despite facing a lawsuit from the SEC, Ark Invest, led by Cathie Wood, has shown confidence in Coinbase by acquiring shares worth $21 million

Despite facing a lawsuit from the SEC, Ark Invest, led by Cathie Wood, has shown confidence in Coinbase by acquiring shares worth $21 million

Cathie Wood’s Ark Invest shows confidence in Coinbase despite SEC lawsuit, acquiring shares worth $21 million. Ark’s funds hold nearly $650 million worth of Coinbase stock, making it their fifth-largest stock holding. In spite of the United States Securities and Exchange Commission’s lawsuit against Coinbase, Cathie Wood’s Ark Invest continued to demonstrate confidence in the crypto exchange by increasing their …

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