Cathie Wood’s Ark Invest sold over 1.4 million shares of Coinbase Global (COIN) in three funds on Tuesday as the price falls to an all-time low of $52.93. The move comes amid Coinbase’s poor performance and the SEC investigation into listing unregistered securities. All three funds mostly purchased Shopify and Roku shares after selling COIN

The post Cathie Wood’s Ark Invest Buys These Shares After Selling Coinbase, Here’s Why appeared first on CoinGape.



Share To:

CoindeskCrypto

Post A Comment:

0 comments so far,add yours

XRP Utility Rises As XRPL RWA Market Cap Hits $2.25B Amid Ripple RLUSD Boom

The XRP utility is expanding with institutional adoption on the XRP Ledger (XRPL) ramping up in the first quarter of 2026, per reports. Rapi...