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Ark Invest again adds $5.2 million to Coinbase shares

Online reported that according to its latest trading documents, ARK Innovation ETF (ARKK) bought 29,353 shares of Coinbase Global Inc. Shares, based on Thursday's closing price, are worth approximately $5.2 million. The ARKK Fund also bought 143,855 shares of Robinhood stock worth $5.18 million. Coinbase shares closed down 7.43% at $177.49. According to Google Finance, the cryptocurrency exchange's share price has fallen 31% so far this year.

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