Cathie Wood’s ARK Invest has added nearly 50 thousand Coinbase (COIN) shares to its portfolio and more than a million shares of Robinhood (HOOD).
ARK Invest scooped up 47,568 more shares of COIN on March 7th, adding to the millions of COIN shares already in its portfolio.
The COIN purchase was valued at around $2.9 million, making the top US cryptocurrency exchange’s stock ARK Invest’s 7th largest holding at time of writing.
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COIN is trading at $62.89 at time of writing, up more than 86% from the start of the year when it was trading at $33.60.
ARK Invest’s big buy of Robinhood Markets, Inc. amounted to 1.058 million worth about $9.5 million at time of purchase.
HOOD, which gets a substantial amount of its
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