FTX Disaster Doesn’t Scare Cathie Wood’s ARK As They Double Down On Coinbase ...
FTX, with all the bad publicity attached to the beleaguered crypto exchange, is sending shivers down the spines of investors and traders. Many people in the crypto space are now bracing for more bad news to come out of the Binance-FTX drama. Now, Wednesday’s rapid decrease in the share price of cryptocurrency trading platform Coinbase Global […]
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On Monday, famous investor Cathie Wood’s eye-catching fund sold over 98,000 shares of Coinbase.
According to reports, Ark Invest has added 997 Bitcoin (BTC) to its holdings in two separate transactions. The asset management firm, led by Cathie Wood, made the purchases on March 13, 2025, through Coinbase. The total value of the acquisition is estimated at approximately $80 million. Related Reading: Coinbase CEO: US BTC Reserve Shift Sparks […]
Without a doubt, Cathie Wood has been one of the most vocal proponents of Bitcoin’s technology and value on Wall Street. Her fund Ark Invest was the first ever institutional fund to invest in through Grayscale Bitcoin Trust (GBTC) in 2015, which was when Bitcoin was only worth 200 dollars. One of Wood’s signature funds, […]
Cathie Wood’s investment firm ARK Investment Management is the third-largest shareholder of Coinbase, reportedly holding nearly $9 million as of late June. One of the largest stockholders of the Coinbase cryptocurrency exchange has dumped a massive amount of shares as regulators reportedly probe the firm for alleged insider trading.Cathie Wood’s investment firm Ark Investment Management has sold a total of more than 1.4 million Coinbase (COIN) shares, according to daily trade information from Ark on July 26.The sale involved three Ark exchange-traded funds (ETF), including Ark Innovation....
Three exchange-traded funds offered by Cathie Wood’s Ark Invest added a total of 341,186 shares in Coinbase (COIN) worth a combined $110 million on April 15. Three exchange-traded funds, or ETFs, offered by Cathie Wood’s Ark Invest, including the flagship Ark Innovation ETF, all added further shares in Coinbase Global Inc. (COIN) to their positions on Thursday, April 15.According to a report from Reuters, the Ark Innovation ETF, Ark Next Generation Internet ETF, and Ark Fintech Innovation ETF purchased a combined total of 341,186 shares, valued at $110 million at the close of trading on....