Cathie Wood's Ark Invest Buys the Dip on Coinbase, Circle and Tom Lee’s Ethereum Giant BitMine

Ark Invest, the investment firm of noted tech investor Cathie Wood, added shares of popular crypto-related equities like Coinbase, Circle, and BitMine Immersion Technologies amid falling share prices on Monday. The firm’s largest additions were in Tom Lee’s Ethereum treasury firm BitMine (BMNR) and American crypto exchange Coinbase (COIN). Across three of its actively managed ETFs it added more than 550,000 shares of BMNR valued around 17millionandnearly65,000sharesofCOINvaluedat17 million and nearly 65,000 shares of COIN valued at 16.5 million.  ...