Coinbase (COIN) Stock Rally As Cathie Wood's Ark Invest Continues Buying Spree In March

Ark Invest, an investment management firm led by Cathie Wood, has added more Coinbase stock to its portfolio of funds, continuing its buying spree in March after massive purchases in February. Coinbase (COIN) shares look attractive after it launched Base, an Ethereum Layer-2 blockchain, and acquired One River Digital Asset Management.