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CoinGape 2024-01-06 19:42:51

Cathie Wood’s Ark Invest Sells $20M Of Coinbase Shares

Cathie Wood’s asset management Ark Invest further reduced Coinbase shares’ weight in three ARK funds on Friday as part of its active portfolio management strategy. Cathie Wood and Ark Invest are still bullish on Bitcoin in 2024 with spot Bitcoin ETF, Bitcoin halving, regulatory clarity, and growing retail adoption among others in the pipeline for The post Cathie Wood’s Ark Invest Sells $20M Of Coinbase Shares appeared first on CoinGape .

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