Cathie Wood's ARK Invest Sold Nearly $150M Coinbase Shares Last Week

Date:

Share post:



Cathie Wood's ARK Invest Sold Nearly $150M Coinbase Shares Last Week
ARK Invest aims to have no individual holding surpass a 10% weighting of an ETF’s value, making such large sell offs necessary when an asset surges in value.



Source link

Leave a reply

Please enter your comment!
Please enter your name here

Related articles

The Bitcoin Trading Challenge: Trade BTC for a chance to win your share of 1 BTC

TL;DR Kraken is running the Bitcoin Trading Challenge,...

SEC's New Crypto Rule Lets Tokens Raise $75 Million And Eventually Stop Being Securities

The SEC’s proposal makes it easier for crypto projects to raise money in the US...

Coinbase’s x402 Handles 14 Million AI Agent Payments in 30 Days

Key TakeawaysCoinbase’s x402 handled 14M AI-agent transfers in 30 days, with Base leading at 7.3M.USDC powered nearly...

BlackRock Cuts IBIT In-Kind Conversion Minimum To $1M

BlackRock has reduced the in-kind conversion minimum for its iShares Bitcoin Trust from $25 million to $1...