Cathie Wood’s Ark Invest Buys These Shares After Selling Coinbase, Here’s Why

Read full article at Coingape.

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.

This article is strictly for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. CryptosOnline.com does not provide investment, tax, legal, business or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any loss or damage caused or alleged to be caused by, or in connection with, the use of or reliance on any content, goods, services or opinions mentioned in this article.

#Bitcoin #Crypto #Cryptocurrency