Ark Invest Doubles Down on COIN and HOOD Amid Market Dip

Ark Invest, an investment management firm led by CEO Cathie Wood, purchased Coinbase (COIN) and Robinhood (HOOD) shares across its three exchange-traded funds (ETFs) on March 3. The acquisition com...

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Ark Invest Doubles Down on COIN and HOOD Amid Market Dip

Source: BeInCrypto

Ark Invest, an investment management firm led by CEO Cathie Wood, purchased Coinbase (COIN) and Robinhood (HOOD) shares across its three exchange-traded funds (ETFs) on March 3. The acquisition comes amid a broader market downturn that has pressured the crypto market as well as crypto-related equities. Why it matters: The details: The big picture: The post Ark Invest Increases Coinbase and Robinhood Exposure Amid Broader Risk-Off Sentiment appeared first on BeInCrypto.

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