Cathie Wood's Ark Invest buys $13.4 million worth of Coinbase shares following 5% dip

Cathie Wood’s Ark Invest has added a total of additional 83,157 Coinbase shares, worth about $13.4 million at current prices, across three of its ETFs on Friday. Coinbase’s stock has dipped around 5% over the past week amid a broader slide in the market.