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2024-05-08 14:35:57

Ark Invest Offloads $15 Billion Worth Coinbase Shares Pulling Down COIN’s Price

The post Ark Invest Offloads $15 Billion Worth Coinbase Shares Pulling Down COIN’s Price appeared first on Coinpedia Fintech News Cathir Wood’s Ark Invest sold $15 billion worth of 70,600 Coinbase shares which has sparked speculations over its impact. Cathie Wood clarified it as not a case of dumping, but active portfolio management and emphasized that Coinbase remains a top position in Ark Invest’s holdings indicating confidence in the company’s long-term prospects. Woods also mentioned …

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