Ark Invest Increases Coinbase and Robinhood Exposure Amid Broader Risk-Off Sentiment
Ark Invest, an funding administration agency led by CEO Cathie Wood, bought Coinbase (COIN) and Robinhood (HOOD) shares throughout its three exchange-traded funds (ETFs) on March 3. The acquisition comes amid a broader market downturn that has pressured the crypto market in addition to crypto-related equities. Why it issues: Google Finance data confirmed that COIN…
