Cathie Wood-Led Ark Invest Turns Downturn Into Opportunity! Bought Millions of Dollars Worth of Coinbase Stock!

CoinMarketCap09-13

Ark Invest, led by Cathie Wood, purchased 53,708 Coinbase (COIN) shares worth $8.4 million across three exchange-traded funds (ETFs) on Wednesday. Ark Invest Buys $8.4 Million Worth of Coinbase Stock ...

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Bought Millions of Dollars Worth of Coinbase Stock!","media":"CoinMarketCap","content":"<div>\n<p>Ark Invest, led by Cathie Wood, purchased 53,708 Coinbase (COIN) shares worth $8.4 million across three exchange-traded funds (ETFs) on Wednesday.\nArk Invest Buys $8.4 Million Worth of Coinbase Stock ...</p>\n\n<a href=\"https://coinmarketcap.com/community/articles/66e31cd32d255e5cb626b405/\">Source Link</a>\n\n</div>\n","source":"coinmarketcap_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood-Led Ark Invest Turns Downturn Into Opportunity! 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Bought Millions of Dollars Worth of Coinbase Stock!\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-13 00:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://coinmarketcap.com/community/articles/66e31cd32d255e5cb626b405/><strong>CoinMarketCap</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ark Invest, led by Cathie Wood, purchased 53,708 Coinbase (COIN) shares worth $8.4 million across three exchange-traded funds (ETFs) on Wednesday.\nArk Invest Buys $8.4 Million Worth of Coinbase Stock ...</p>\n\n<a href=\"https://coinmarketcap.com/community/articles/66e31cd32d255e5cb626b405/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4550","symbol_name":"红杉资本持仓","start_time":0,"source_url":"https://coinmarketcap.com/community/articles/66e31cd32d255e5cb626b405/","article_id":"2467342786","we_media_id":null,"thumbnails":["https://academy-public.coinmarketcap.com/srd-optimized-uploads/392bcc8466034b7dbe1e76de6e618d9b.jpeg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2467342786","pubTimestamp":1726160082,"sourceInfo":{"source_id":"coinmarketcap_highlight","name":"CoinMarketCap"},"weMediaInfo":null,"summary":"Ark Invest, led by Cathie Wood, purchased 53,708 Coinbase  shares worth $8.4 million across three exchange-traded funds  on Wednesday.Ark Invest Buys $8.4 Million Worth of Coinbase Stock Amid Market Downturn. The purchase comes amid a broad crypto market decline following the US presidential debate between Donald Trump and Kamala Harris on Tuesday night.According to Ark's latest trading filing, the company acquired:. 9,349 shares  for the Next Generation Internet ETF , and. This marks Ark’s first Coinbase stock purchase since purchasing $21.8 million worth of COIN in early August, during the crypto market’s lowest period when Bitcoin briefly dropped below $55,000.Ark follows a strategy of diversifying by keeping individual holdings under 10% of ETF portfolios. Currently, COIN represents the fourth-largest holding in Ark’s ARKK ETF with a 6.5% weighting worth approximately $355 million.In the ARKW fund, COIN is the sixth-largest holding at 5.1%, worth $67 million. In the ARKF fund, COIN","collect":0,"end_time":0,"defaultTopTitle":"coinmarketcap.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4550":"红杉资本持仓","BK4539":"次新股","ARKK":"ARK Innovation ETF","BK4554":"元宇宙及AR概念","COIN":"Coinbase Global, Inc.","BK4595":"比特币概念","BK4112":"金融交易所和数据","BK4544":"ARK ETF合集","BK4551":"寇图资本持仓","LU1861558580.USD":"日兴方舟颠覆性创新基金B","BK4535":"淡马锡持仓","BK4588":"碎股","ARKF":"ARK Fintech Innovation ETF","FDN":"First Trust Dow Jones Internet I","ARKW":"ARK Next Generation Internation ETF","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","BK4585":"ETF&股票定投概念"},"translate_title":"Cathie Wood领导的Ark Invest将低迷转化为机遇！购买了价值数百万美元的Coinbase股票！","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ARKK":1,"ARKW":1,"ARKF":1,"COIN":1,"FDN":0.9},"content_text":"Ark Invest, led by Cathie Wood, purchased 53,708 Coinbase (COIN) shares worth $8.4 million across three exchange-traded funds (ETFs) on Wednesday.\nArk Invest Buys $8.4 Million Worth of Coinbase Stock Amid Market Downturn\nThe purchase comes amid a broad crypto market decline following the US presidential debate between Donald Trump and Kamala Harris on Tuesday night.\nAccording to Ark's latest trading filing, the company acquired:\n38,475 shares ($6 million) for Innovation ETF (ARKK)\n9,349 shares ($1.5 million) for the Next Generation Internet ETF (ARKW), and\n5,884 shares ($925,000) for the Fintech Innovation ETF (ARKF).\nThis marks Ark’s first Coinbase stock purchase since purchasing $21.8 million worth of COIN in early August, during the crypto market’s lowest period when Bitcoin briefly dropped below $55,000.\nArk follows a strategy of diversifying by keeping individual holdings under 10% of ETF portfolios. Currently, COIN represents the fourth-largest holding in Ark’s ARKK ETF with a 6.5% weighting worth approximately $355 million.\nIn the ARKW fund, COIN is the sixth-largest holding at 5.1%, worth $67 million. In the ARKF fund, COIN is the second-largest holding at 7.3%, worth $60 million.\nWednesday’s Coinbase buy came as the stock fell 5% before closing down 0.8% on the day at $157.15. The decline followed the U.S. presidential debate, which analysts called a “sell news” event and triggered risk-off sentiment in the crypto market.\nAnalysts at Bitfinex suggested that Donald Trump’s poor performance compared to Kamala Harris had an impact on market sentiment as a Trump victory was seen as positive for crypto.\n*This is not investment advice.\n Continue Reading: Cathie Wood-Led Ark Invest Turns Downturn Into Opportunity! Bought Millions of Dollars Worth of Coinbase Stock!","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2467342786"}