Key Notes

The recent purchase of the COIN stock happened across different Ark Invest portfolios.

Cathie Wood signaled expectations of a crypto market recovery, citing an anticipated end to liquidity tightening.

Ark Invest said improving liquidity conditions could fuel a broader market rebound, expecting another $300 billion in inflows in the coming weeks.

Cathie Wood’s asset management firm, Ark Investments, purchased 62,166 Coinbase (COIN) shares for an investment value of $16.5 million.

This purchase of the COIN stock comes amid its 30% drawdown over the past month. It is also the largest purchase of the stock by Wood’s firm since August 1.

Ark Invest Makes $16.5 Million Investment in COIN Stock

On November 26, Ark Invest purchased $16.5 million worth of Coinbase (COIN) shares, as

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