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Cathie Wood’s ARK Fintech Innovation ETF Buys More Coinbase

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ARK’s Fintech Innovation Fund (ARKF) has added 10,880 shares of Coinbase to its holdings, bringing its holdings of the stock up to $60.5 million or roughly 8% of the fund’s weight.

This would represent ARK’s first purchase of Coinbase stock since June, according to 13F filings with the Securities and Exchange Commission (SEC). In August, ARK’s Chief Investment Officer Cathie Wood said that the fund reduced its holdings in Coinbase because of an SEC probe into the crypto exchange.

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