Ark Invest increases stake in Coinbase amid market selloff, buys $8 million worth of shares

Odaily News Ark Invest increased its holdings of Coinbase (COIN) by 52,753 shares, with a total value of approximately $8 million, amid a sharp market correction this week.
The increase came amid a drop in Bitcoin prices and Coinbase’s failure to be included in the S&P 500 index.