Cathie Wood’s investment company, Ark Invest, sold millions of dollars worth of Coinbase and Robinhood stock.
Ark Invest, which has been frequently on the agenda with its recent share sales, continued its transactions from where it left off. of the company ARK Innovation ETF on Thursday, January 11 26,301 Coinbase (COIN) share and 341,592 Robinhood (HOOD) sold the shares.
However, the company ARK Next Generation Internet ETF other sales in parallel 4,980 Coinbase its share and 23,838 Robinhood He disposed of his shares.
These sales by Ark Invest on the first day of spot Bitcoin exchange-traded fund (ETF) approvals did not go unnoticed. Coinbase stood out as the institution that will keep the Bitcoins of spot Bitcoin ETF issuers, and the company’s shares 2023 It witnessed a serious rise in 2018.
COIN value on Thursday, according to TradingView data 6.12% fell. Additionally, HOOD is available on the same day. 2.97% ended with a loss of value. COIN at the time of writing from $141HOOD from $11.7 is being traded.