The purchase takes the ARK Innovation ETF’s (ARKK) holding to 5.7 million COIN shares. That puts the purchase on the small side – increasing the ETF’s exposure by 1.4%. It suggests the investment firm still sees bullish signs for the crypto sector, though may be opting for a cautious approach while the dust settles on a rocky period.
‘We Are Here to Build a Business Ecosystem’
I think users now like projects that have no investors in the tokenomics. They like less investors, more airdrops to...