Cathie Wood’s investment firm, Ark Invest, with spot Bitcoin (BTC) ETF dealvme sold $12 million worth of shares, capitalizing on the rise in winning Coinbase shares (COIN).
US stock market operator Cboe Digital Markets, 11 July including giant asset management company Fidelity. 5 different corporate spot Bitcoin ETF (exchange mutual fund) in his application surveillance partner aspect coinbase with you agreed officially announced. Following the announcement, Coinbase shares were released on the same day. 15%While experiencing a value gain of up to millions of dollars worth COIN found ArkInvest, rise by selling evaluated.
According to the daily trading report published by Ark Invest, in total 12 million dollar worth 135,152 share sale was made. The said transaction Ark Innovation ETF (ARKK) still within the fund 711 million dollar worth Coinbase stock appeared to have remained.
Coinbase shares, 12 million dollar even after the sale ARKK in 8.25% share with the highest weight second share status to protect while the sale from Ark Invest continues, from July of last year It attracted attention as the first weight reduction procedure since.
Nasdaq according to data 30 transactions on the day 56.90% appreciated Coinbase shares, the past day 9.78% on the rise 89.15 closed at the dollar level.