.CathieDWood funds have stacked up over 400,000 Coinbase shares
Based on the report, three funds managed by the celebrity investor acquired a total of 400,000 COIN shares on June 6. The purchased shares were worth approximately $21.64 million, based on the stock's closing price of roughly $52 on Tuesday.
Of the three funds that were used to make the purchases, the Ark Innovation ETF stacked up the highest, with a total of 329,773 COIN shares acquired through the fund. A total of 53,885 COIN shares were stacked up by the Ark Next Generation Internet ETF, while a total of 35,666 were purchased through the Ark Fintech Innovation ETF.
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