CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
coinpedia 2023-12-11 12:50:29

Cathie Wood’s ARK Invest Sells $49.2M Coinbase: What’s Happening?

The post Cathie Wood’s ARK Invest Sells $49.2M Coinbase: What’s Happening? appeared first on Coinpedia Fintech News ARK Invest, led by Cathie Wood, sold a lot of Coinbase shares—335,860 to be exact. This move, totaling $49.2 million, raised some eyebrows as it’s the biggest sale since July. As per the latest reports, the sale was due to ARK’s rule of capping individual stock exposure at 10%, as Coinbase’s surge pushed its share …

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.