Name: Cathie Wood's ARK Doubles Down on Coinbase as Crypto Exchange Announces Layoffs
Uploaded: 2023-01-11T15:10:55.000Z
Duration: 8 min 46 s
Description: Coinbase (COIN) shares are rising roughly 20% over the last five days, as the crypto exchange announced a second round of job cuts on Tuesday. Oppenheimer Senior Analyst Owen Lau joins "First Mover" to discuss. Plus, his reaction to Cathie Wood adding 33,756 shares of COIN to ARK’s Innovation ETF (ARKK), worth around $1.45 million based on the January 10 closing price.

CD20$2,039.202.44%BTC$73,777.790.53%ETH$2,020.220.45%XRP$1.341.52%SOL$82.480.75%

Cathie Wood's ARK Doubles Down on Coinbase as Crypto Exchange Announces Layoffs | CoinDesk Videos

Loading video...

CD20$2,039.202.44%BTC$73,777.790.53%ETH$2,020.220.45%XRP$1.341.52%SOL$82.480.75%

Cathie Wood's ARK Doubles Down on Coinbase as Crypto Exchange Announces Layoffs | CoinDesk Videos