ARK Invest sells more Coinbase shares, eyes Meta platforms, Robinhood
BTC/USD
-2.63%
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COIN
-1.58%
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HOOD
-0.56%
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As Coinbase (NASDAQ:COIN) stock reaches a 52-week high, ARK Invest — the investment management firm led by Bitcoin (BTC) bull Cathie Wood — has recently sold more of its shares in the crypto exchange.
Following ARK Invest’s significant acquisition of Coinbase shares during the bear market, the investment firm has sold off a portion of its Coinbase holdings for the second time this week. Meanwhile, Wood’s firm is actively investing in Meta Platforms and Robinhood (NASDAQ:HOOD) Markets shares.
