On Monday, Cathie Wood‘s Ark Invest made headlines with its strategic trades, notably selling over $24 million worth of Coinbase Global Inc (NASDAQ:COIN) shares as Bitcoin (CRYPTO: BTC) soared to an all-time high of $69,170.63. This move comes amidst a flurry of activity in the cryptocurrency market, highlighting Ark Invest’s tactical adjustments in response to the evolving financial landscape. The Coinbase Trade The firm sold 110,896 Coinbase shares through ARK Innovation ETF (NYSE:ARKK), ARK Next Generation Internet ETF (NYSE:ARKW) and Ark Fintech Innovation ETF (NYSE:ARKF). The transaction …
