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
Ark
Ark and 21Shares to Disclose Spot Bitcoin ETF Reserves Via Chainlink Integration
The move comes after fellow spot bitcoin ETF issuer Bitwise drew applause from industry experts for making its wallet address public in January.
Cathie Wood’s ARK Offloads $90M Coinbase Shares Amid Slew of Analyst Upgrades
ARK sold Coinbase shares from ARK Innovation ETF, ARK Next Generation Internet ETF, and ARK Fintech Innovation ETF.
First Mover Americas: Bitcoin Regains $41K in End of Week Rally
The latest price moves in crypto markets in context for Jan. 26, 2024.
ARK Bought $62.3M Worth of Own ETF in Last Week; Sold $42.7M of BITO
ARKW now holds $91.4 million of ARKB, constituting a 5.98% weighting of the fund’s total value
ARK Continues to Shuffle Out of BITO, Buys $15M of its Own ETF
Cathie Wood’s investment fund continues to double down on its recently listed spot bitcoin ETF.
ARK Buys $15.9M Worth of Its Own Bitcoin ETF
ARK sold a similar amount – $15.8 million – worth of shares in the ProShares Bitcoin Strategy ETF (BITO), the first ETF linked to the bitcoin futures market to list in the U.S.
First Mover Americas: It’s ETF Deadline Week
The latest price moves in crypto markets in context for Jan. 8, 2024.
ARK’s ETF Rebalancing Continues With $20.6M Coinbase Sale
ARK Invest has a target of no individual stock surpassing 10% weighting of an ETF’s value. COIN doubled in price in the last three months of 2023, bringing about consistent sales of the crypto exchange’s stock by ARK
Cathie Wood’s ARK Invest Offloads $25M of Coinbase Shares
Coinbase’s Nasdaq-listed stock fell 2.96% Wednesday as the crypto market’s rally halted.