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CoinTurk News 2023-12-07 11:29:01

Ark Invest’s Strategic Sales and their Impact on Coinbase and GBTC

On Wednesday, Cathie Wood’s Ark Invest completed another round of sales, offloading 180,422 Coinbase shares (COIN) worth $24.3 million and 99,595 Grayscale Bitcoin Trust (GBTC) shares worth $3.5 million. This strategic move is in line with Ark’s model of reducing exposure to these assets, as highlighted in the firm’s recent trading files. The post Ark Invest’s Strategic Sales and their Impact on Coinbase and GBTC appeared first on COINTURK NEWS.

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