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Coin Edition 2023-10-25 13:58:00

Ark Invest Makes Second-Day Sales of Grayscale and Coinbase Stocks

Cathie Wood’s ARK Invest continued reducing exposure to cryptocurrency assets for a second consecutive day on Tuesday. According to disclosures, the firm’s ARK Next Generation Internet ETF sold about $1.8 million worth of Grayscale Bitcoin Trust (GBTC) shares and $1.7 million of Coinbase Global Inc. (COIN) stock. This comes after ARK Invest reportedly sold $3.3 The post Ark Invest Makes Second-Day Sales of Grayscale and Coinbase Stocks appeared first on Coin Edition .

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