Ark Invest Buys More Coinbase and Robinhood

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Last Updated on March 8, 2023 by Bitfinsider

Ark Invest increased its holdings of shares in Coinbase and Robinhood platforms yesterday.

47,568 Coinbase shares were added to the main Ark Innovation ETF, according to an emailed transaction notice. In contrast, the Ark Next Generation Internet ETF received 8,031 shares, while 1.06 million Robinhood shares were bought.

Yesterday, Coinbase ended at $61.89, while Robinhood dropped to $9.42, a drop of more than 3%.

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