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Friday, February 7, 2025

Famous Bull Cathie Wood Sells Bitcoin Again!

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Long-time Coinbase stock picker Bitcoin (BTC) Ark Invest, the company of bull Cathie Wood, continues its sales rapidly.

According to Coindesk’s news, Ark Invest, which was in profit on COIN shares, made a profit sale. Accordingly, the company coinbase Coinbase (COIN) shares sold off for the third consecutive day as the share price rose to a 19-month high.

at this point Ark Invest recently sold another 180,422 Coinbase shares worth $24.3 million.

Ark Invest sold 162,579 Coinbase shares from its ARK Innovation ETF, 12,474 shares from the ARK Fintech Innovation ETF, and 5,369 COIN shares from the ARK Next Generation Internet ETF.

Ark Invest also has a stake in Coinbase today. Grayscale Bitcoin Investment Trust (GBTC) He also sold the shares.

Accordingly, Ark Invest also sold 99,595 GBTC shares worth $3.5 million on Wednesday, in addition to the $5.9 million worth of GBTC it sold the previous day.

*This is not investment advice.

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