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The Bold Play: Cathie Wood’s ARK Invest Bets Big on Coinbase Amid Crypto Chaos
Amid a turbulent crypto market, ARK Invest, led by Cathie Wood, boldly acquired 41,032 shares of Coinbase, seeing potential in volatility. Coinbase shares were bought at a low point, with the stock down 6.5% to $212.49, boosting ARK’s Next Generation Internet ETF.