Ark Invest Sells Coinbase, Robinhood Shares Amid Strategy Shift
Key Notes Ark Invest offloaded Coinbase shares from its ARK Innovation ETF (ARKK), alongside those of Robinhood and Block Inc. Shares on Coinbase and Robinhood saw more than 4% increase each in market value despite the selloff concern. The portfolio rebalancing comes as Bitcoin and altcoins are facing massive price breakouts. Cathie Wood’s Ark Invest […]
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