Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Coinbase Stock Rallied Today

TheMotleyFool

0 0

Shares of Coinbase Global (NASDAQ: COIN) rose 3.3% on Tuesday after top-rated fund manager Cathie Wood bought more of its stock than any other company on Monday for her popular ARK Fintech Innovation ETF (NYSEMKT: ARKF).

Wood purchased more than $20 million worth of Coinbase stock yesterday. Across all of the funds she oversees, Wood has now invested more than $1 billion in the digital asset exchange.

Cathie Wood scooped up more shares of Coinbase Global. Image source: Getty Images.

Source Fool.com

Like: 0

COIN

Share