Cathie Wood's fund increased its holdings in Coinbase stock for the first time since June

ChainCatcher news, Cathie Wood's ARK Fintech Innovation Fund increased its holdings by 10,880 shares of Coinbase stock, with a total value of approximately $60.5 million, accounting for about 8% of the fund's weight. This is the first purchase of Coinbase stock by the ARK fund since June.

It is reported that in July, the ARK fund sold Coinbase stock for the first time this year, with a sale value of approximately $75 million at that time; subsequently, from August 5 to 15, the ARK fund sold a total of 208,086 shares of Coinbase stock and bought 26,048 shares, resulting in a net reduction of 182,038 shares of Coinbase stock, which was valued at over $16 million at that time. (CoinDesk)