2023-11-27
Coinbase is the
world’s second largest cryptocurrency exchange after Binance. Coinbase founded by Brian Armstrong and Fred Ehrsam.
Coinbase has
many products such as Coinbase wallet, cryptocurrency lending, earn, custody
for institutional investors, and Base blockchain layer 2. Coinbase’s main
revenue is collecting trading fees.
Between June 17, 2022 and October 27,
2023 Coinbase stock had been sideway. On November 20 Coinbase stock broke through
its resistance of $105.
Between October 27 and November 24 Coinbase
stock price increased 64 percent from $70 to $115 per share.
Ark Invest is one of the institutional
investors that have invested in Coinbase.
List of Ark Invest funds that invests
in Coinbase.
ARK Innovation ETF (ARKK).
ARK Next Generation Internet ETF (ARKW).
ARK Fintech Innovation ETF (ARKF).
