Cathie Wood's Ark Invest Continues to Jettison Coinbase Shares As Anticipation Builds Around Approval of Bitcoin Spot ETF
  • 5 months ago
On Thursday, Cathie Wood-led Ark Invest made a significant move by selling a substantial amount of Coinbase shares.

The Coinbase Trade

Ark Invest’s decision to offload $4.7 million worth of Coinbase shares aligns with the recent market trends and Wood’s strategic adjustments in her portfolio. Ark sold a total of 37,377 Coinbase shares through ARK Next Generation Internet ETF ARKW.