Cathie Wood Loads Up Another $21M In These 2 Crypto-Linked Stocks

As the market advanced on Wednesday, it was buying time again for Cathie Wood's Ark Investment Management , which has a portfolio of actively managed exchange-traded funds (ETFs). What Happened:  After buying a little under 7,000 Coinbase Global, Inc.  (NASDAQ: COIN ) shares on Tuesday, Ark's flagship fund, ARK Innovation ETF  (NYSE: ARKK ), increased its holding of the cryptocurrency exchange further. On Wednesday, ARKK added 240,963 shares of Coinbase,  valued at about $12.5 million, based on the stock's closing price in the session. The company enables the trading of cryptocurrencies such as Bitcoin (CRYPTO: Full story available on Benzinga.com