Cathie wood buys coinbase

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Cathie Wood�s Ark Invest Buys More Coinbase Shares
Cathie Wood, ARK Invest unload $82 million worth of COIN stock in a multiday selling spree as Coinbase trades near highs. Cathie Wood's Ark Invest increased its stake in Coinbase despite an SEC lawsuit against the crypto firm. Ark Invest has aggressively sold off its stake in Coinbase since mid-November. At that point, it had nearly 10 million shares across its ETFs.

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Users are rewarded for waiting to sell their HEX after set periods of time. Ripple A court decision ruled partially in favor of Ripple, but a trial will decide other charges against the company's executives. Story continues. But Ark has been systematically selling off shares of Coinbase since last summer as the stock price has continued to outpace the rest of its portfolio. The SEC's lawsuit accused Coinbase of running an illegal exchange.