Cathie Wood is back to buying shares of Coinbase (COIN) for her company's exchange-traded funds after a nearly month-long break, as ARK disclosed it had purchased 162,325 shares of COIN on Friday.
ARK’s last purchase of COIN was in mid-January, when it bought $3.3 million worth of shares of the exchange.
A Wall Street Journal report from early Monday said that Paxos is the latest target of the SEC’s enforcement campaign over its Binance USD (BUSD) token.
ARK’s Innovation ETF (ARKK) is up 28% year to date, while the ARK Fintech Innovation ETF (ARKF) is up 25% so far this year.
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