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Cathie Wood's Ark Invest Sells $25.4M in Coinbase, Circle, Bitmine, and Bullish Shares Amid Crypto Rally
Cathie Wood's Ark Invest sold shares of Coinbase Global, Circle, Bitmine, and Bullish over the past week as their stock prices rallied. The firm's latest trade disclosure showed sales of $7 million in Coinbase stock, $13.8 million in Circle Internet Group stock, $3.96 million in Bitmine stock, and $687,693 in Bullish shares. Ark Invest routinely adjusts its cryptocurrency stock holdings to maintain diversification and generally remains bullish on cryptocurrencies.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
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Samsung Electronics fell 4.31% from its previous close, now trading at ₩222,000.
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Tether, Circle, Ripple, and other stablecoin issuers have frozen over $2.6 billion in assets linked to suspected security breaches at Binance.
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ETH inter-exchange spread reaches 1.11%
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The Nikkei 225 index is down 2.72% from its previous close, currently at 62,903.43.
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Binance hacker finishes dumping UNI, ENA, PEPE, LINK, AAVE, ONDO, WLD for 70,480 ETH ($158.25M)
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Lookonchain: Binance hackers are selling PEPE, UNI, LINK, and other tokens, still holding over $150 million worth of various altcoins.
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SK Hynix is down 5.9% from its previous close, now trading at ₩1,436,000.
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Taiwan's TAIEX fell 2.68% from its previous close, currently at 45,125.33.
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South Korea's KOSPI index is down 4.77% from its previous close, currently at 5,654.61.
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CNBC analysis suggests that Intel's stock may continue to fall after its significant decline, but selling now would not recover losses.
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