TechFlow news — Cathie Wood's Ark Invest bought over $21 million worth of Coinbase shares on Tuesday, while selling nearly $10 million worth of Robinhood shares.
Specifically, the Ark Innovation ETF added 330,461 shares of Coinbase, the Ark Next Generation Internet ETF added 54,466 shares, and the Ark Fintech Innovation ETF added 36,022 shares. The asset management firm purchased a total of 420,949 shares, valued at $21.3 million.
At the same time, Wood's funds sold Robinhood shares, reducing 803,788 shares from the Ark Innovation ETF, 130,400 shares from the Ark Next Generation Internet ETF, and 86,550 shares from the Ark Fintech Innovation ETF. In total, more than 1 million shares were sold, amounting to $9.9 million. [Original link]
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