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Cathie Wood’s ARK sells down Coinbase stake as bitcoin ETF hopes drive rally
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fnlondon.comCathie Wood’s flagship fund has sold shares in Coinbase as the cryptocurrency exchange’s stock price runs up on excitement over its role in the proposed launch of a bitcoin exchange-traded fund.
The ARK Innovation ETF sold 132,152 shares of Coinbase, according to an emailed trade notification on 11 July.
Those shares would be worth around...
Read more on fnlondon.comAbout this in other media
SEC acknowledges Fidelity, VanEck, WisdomTree, and Invesco Spot Bitcoin ETF applications cryptonews.com /9 months ago
Ark Invest sells more Coinbase shares, eyes Meta platforms, Robinhood cointelegraph.com /9 months ago
Europe’s first spot Bitcoin ETF eyes 2023 debut after year-long delay cointelegraph.com /9 months ago
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