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Ark Invest Sells $6.5 Million Worth of Coinbase Stock and $5.8 Million Worth of Robinhood Stock Yesterday
Summary: According to reports, Cathie Wood's Ark Invest reduced its holdings of Coinbase stock worth $6.5 million and Robinhood stock worth $5.8 million on July 10. This sell-off comes as the cryptocurrency market is on the rise, with Bitcoin hitting a new all-time high of $118,000 today. Additionally, the fund also sold 24,780 shares of Block ...
According to reports, Cathie Wood's Ark Invest reduced its holdings of Coinbase stock worth $6.5 million and Robinhood stock worth $5.8 million on July 10. This sell-off comes as the cryptocurrency market is on the rise, with Bitcoin hitting a new all-time high of $118,000 today. Additionally, the fund also sold 24,780 shares of Block stock, valued at approximately $1.7 million based on the closing price of the stock. (The Block)
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Link: Ark Invest Sells $6.5 Million Worth of Coinbase Stock and $5.8 Million Worth of Robinhood Stock Yesterday [Copy]
