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Home BlockchainCathie Wood's Ark Invest Dumps Coinbase Shares Amid Bitcoin Crash
Blockchain

Cathie Wood's Ark Invest Dumps Coinbase Shares Amid Bitcoin Crash

by Decrypt
written by Decrypt 0 comments
Cathie Wood's Ark Invest Dumps Coinbase Shares Amid Bitcoin Crash

In brief

  • Cathie Wood’s Ark Invest sold shares in American crypto exchange Coinbase on Thursday amid Bitcoin’s slide.
  • The firm dropped more than 119,000 shares of COIN, now valued around $19 million after COIN’s Friday rebound.
  • Despite selling COIN, Ark added shares in crypto exchange Bullish (BLSH) and Solana firm Brera Holdings (SLMT) on Thursday.

Ark Invest, the firm of noted tech investor Cathie Wood, sold more than $19 million in shares of crypto exchange Coinbase (COIN) on Thursday—just days…

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