Ark Invest’s Bold Bet: $14M Coinbase Stock Purchase Amid Market Turbulence
TL;DR Strategic $14M Investment: Ark Invest, led by Cathie Wood, bought 64,358 Coinbase shares across its ARKK and ARKF ETFs amid significant crypto market volatility....
Tag : Ark Invest
Ark Invest Adjusts Portfolio with Coinbase Purchase and Bitcoin ETF Sale
TL;DR Ark Invest purchased 38,865 Coinbase shares for $8 million and sold $8.2 million of its Bitcoin ETF (ARKB). Coinbase represents 6% of the ARKW...
Ark Invest Sells $3.9 Million in Coinbase Shares as Part of ARKF Fund Rebalancing
TL;DR Ark Invest sold 13,780 Coinbase shares for $3.9 million as part of a rebalancing of its Fintech Innovation ETF (ARKF). The sale occurred after...
Ark Invest Strengthens Its Position in Coinbase Amid Volatility
by Fernando
TL;DR Ark Invest purchased Coinbase shares: Ark Invest acquired 93,797 Coinbase shares, worth $17.8 million, on August 5, 2024. Portfolio rebalancing: Ark also bought Robinhood...
ARK Invest’s Cathie Wood Foresees Limited Wirehouse Interest in Crypto ETFs
by jose
TL;DR Wirehouses’ Limited Interest: ARK Invest CEO Cathie Wood believes that wirehouses (large broker-dealers) will likely limit their ETF offerings to top digital assets like...
ARK Invest Ends its Short-Term Investment in BITO
by jose
TL;DR ARK Invest’s Exit from BITO: ARK Invest, led by Cathie Wood, sold its remaining shares of the ProShares Bitcoin Strategy ETF (BITO), marking the end of...
Ark Invest Continues Coinbase Share Sell-Off
Ark Invest, the firm led by Cathie Wood, extends its trend of selling Coinbase shares, offloading another 133,823 shares valued at approximately $20.6 million last...
Cathie Wood’s ARK Invest Executes Strategic Portfolio Adjustment, Sells $12.85M in GBTC Amid Market Fluctuations
In a recent transaction, Cathie Wood’s ARK Invest has made a significant sale of Grayscale Bitcoin Trust (GBTC) shares from its Next Generation Internet (ARKW)...
Cathie Wood Criticizes SEC for Delaying Bitcoin ETF Approval
by jose
Cathie Wood, the CEO of Ark Invest, has expressed her frustration with the U.S. Securities and Exchange Commission (SEC) for its slow progress in approving...