Cathie Wood’s ARK bags $26M in Coinbase shares, unloads Bitcoin ETF
Cathie Wood’s investment firm ARK Invest is showing a mixed reaction to the United States’ latest trade tariffs, offloading shares of its spot Bitcoin ETF while increasing its position in Coinbase.ARK has acquired $26.6 million of Coinbase (COIN) stock since US President Donald Trump announced new trade tariffs on April 2, according to trading data seen by Cointelegraph.The purchase includes a $13.2 million COIN buy…
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