ARK bought 419,324 shares of Coinbase, worth around $21.6 million based on Tuesday’s closing price of $51.61. The buy was split across ARK’s Innovation ETF (NYSE:ARKK), the Next Generation Internet ETF (NYSE:ARKW), and the Fintech Innovation ETF (NYSE:ARKF).
Bitcoin (BTC) Hashrate May Finally Slow as Miners Face Scorching Summer Heatwave
In fact, the hashrate has already started to come down since reaching an all-time high in March. As of June...