Cathie Wood's Ark Invest Resumes Sale of Coinbase Shares

Wednesday, 8 May 2024, 09:23

Ark Invest, led by Cathie Wood, has resumed the sale of Coinbase shares, offloading $15 million worth of COIN. This move marks the most significant sales since April 11 when $20.4 million worth of the stock was sold. Ark Invest's latest sale indicates a strategic reshuffling of their portfolio, potentially signaling shifting market sentiments.

LivaRava Finance Meta Image — Cathie Wood's Ark Invest Resumes Sale of Coinbase Shares

Cathie Wood's Ark Invest Resumes Coinbase Share Sales

Ark Invest, led by Cathie Wood, has resumed offloading Coinbase shares, selling $15 million worth of COIN, marking a significant move since April 11.

This latest sale is part of a strategic portfolio reshuffling signaled by Ark Invest, following a substantial $20.4 million sale on April 11.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.