Ark Invest bought 17,806 shares of Coinbase worth $2.44 million on Thursday through its Ark Innovation ETF, after COIN closed at $136.82, down 9.69% amid a broad sell-off in U.S. tech stocks. The move increases Ark’s exposure to the stock as it declines.

COINUSDT
Perp
135.19
-1.79%

NVDAUSDT
Perp
187.93
+2.97%

AMDUSDT
Perp
449.12
+8.79%