ARK Invest has made a substantial investment of $19.9 million in Block Inc. It expanded its stake in the company just hours after investing $21 million in Coinbase stock. Despite recent regulatory actions against significant crypto industry players, such as Binance and Coinbase,...
Amid the SEC’s allegations of Coinbase operating an illegal exchange, Cathie Wood’s managed funds have increased their stake in the company’s stock. Coinbase shares experienced a significant 21% decline on June 6 amid the SEC complaint. However, Ark Investment acquired 419,324 shares, according...
Ark Invest has beefed up its portfolio with millions of dollars worth of Coinbase (COIN) and Block (SQ) shares. ARK bets on COIN and SQ Barely 48 hours after selling off some of its Coinbase (COIN) shares, Ark Invest, an American investment management...
Ark Invest’s Cathie Wood says U.S. financial regulators are using crypto as a scapegoat for their own mistakes in oversight of the country’s banking system. Wood says the regulators’ attack on crypto could have dire consequences for the nation. Wood: crypto not responsible...