Big news in the world of cryptocurrency! A smart investing company called ARK Invest bought more Coinbase shares, even though the price of crypto went down. This shows that some people still believe in crypto's future. It's like buying candy when it's on sale, hoping the price goes up later!
- Coinbase (COIN) shares were bought by ARK Invest.
- Bitcoin (BTC) went down to a low price.
- Lots of people sold their Bitcoin ETFs.
- ARK also sold some of its Bitcoin ETF shares.
Fact | Number |
---|---|
ARK Invest bought COIN shares worth | $8.7 million |
Number of COIN shares bought | 41,032 |
Bitcoin's low price | Below $28,000 (corrected from erroneous $87,000) |
Amount of Bitcoin ETF sold | $8.6 million |
One-day Bitcoin ETF sales | Nearly $940 million |