On Thursday, Cathie Wood-led Ark Invest made a significant move by selling shares of Coinbase Global Inc (NASDAQ:COIN), despite the stock’s positive market performance on the same day.

The COIN Trade

Ark Invest’s decision to offload Coinbase shares came as a surprise to many, given the stock’s upward trajectory on the day of the trade. Notably major cryptocurrencies like Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) traded mixed at the time of writing. The apex cryptocurrency was seen 2.7% higher at $67,632.08, while Ethereum traded 0.3% lower …

Full story available on Benzinga.com

On Thursday, Cathie Wood-led Ark Invest made a significant move by selling shares of Coinbase Global Inc (NASDAQ:COIN), despite the stock’s positive market performance on the same day.

The COIN Trade

Ark Invest’s decision to offload Coinbase shares came as a surprise to many, given the stock’s upward trajectory on the day of the trade. Notably major cryptocurrencies like Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) traded mixed at the time of writing. The apex cryptocurrency was seen 2.7% higher at $67,632.08, while Ethereum traded 0.3% lower …

Full story available on Benzinga.com

 On Thursday, Cathie Wood-led Ark Invest made a significant move by selling shares of Coinbase Global Inc (NASDAQ:COIN), despite the stock’s positive market performance on the same day.
The COIN Trade
Ark Invest’s decision to offload Coinbase shares came as a surprise to many, given the stock’s upward trajectory on the day of the trade. Notably major cryptocurrencies like Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) traded mixed at the time of writing. The apex cryptocurrency was seen 2.7% higher at $67,632.08, while Ethereum traded 0.3% lower …Full story available on Benzinga.com   Read More$BTC, $ETH, ARKK, ARKW, Bitcoin, Cathie Wood, COIN, Coinbase, Coinbase Global, Cryptocurrency, Equities, News, Oppenheimer, RBLX, ROKU, Shivdeep Dhaliwal, SOFI, TWLO, TXG, VERV, Markets, ETFs, COIN, US21254S1078, ARKW, TXG, ARKK, SOFI, TWLO, ROKU, $ETH, $BTC, RBLX, VERV, News, Equities, Cryptocurrency, Markets, ETFs, Benzinga Markets