Cathie Wood’s ARK ETFs have gone back to loading up on Coinbase stock, just days after it sold $13.5 million worth of shares.
On March 23, the firm purchased 268,928 Coinbase shares via its ARKK Innovation and ARKW Next Generation Internet exchange-traded funds , which are worth
$17.88 million at the time of writing.from its ARK Fintech Innovation ETF. The sale was the first time any of Ark Invest’s ETFs shed Coinbase shares in 2023.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cathie Wood’s ARK sells Coinbase stock for the first time in 2023Cathie Wood’s investment firm ARK Invest has sold 160,887 Coinbase shares from its ARK Fintech Innovation ETF for $13.5 million.
Read more »
Stock market picks: Cathie Wood's Ark Invest sells Coinbase sharesCathie Wood's Ark Invest dumps $13.5 million of Coinbase stock as crypto exchange notches 7-month highs
Read more »
Cathie Wood's Ark fund logs $2B loss, says Fed hikes hit like an 'earthquake'Cathie Wood says the Fed's rate hikes hit Ark's strategy like an 'earthquake' as the fund logs a $2 billion loss
Read more »
Ark's Cathie Wood: Bitcoin's Strength Through Bank Crisis Will Attract Institutional Investors | CoinMarketCapcryptonews: Ark Invest's Cathie Wood predicted that Bitcoin's strength during the recent banking crisis will bring back institutional investors who have been pushed away by regulators focusing attention on the bitcoins on their balance sheets. 🔈
Read more »
SEC investigating Coinbase for its Earn product, wallet service and exchange activityThe Wells Notice relates to aspects of the company’s exchange, its staking service Coinbase Earn, and Coinbase Wallet, Coinbase said.
Read more »