The post Cathie Wood’s ARK Investment Management Offloads $12M in Coinbase Shares Amid COIN’s Surge appeared first on Coinpedia Fintech News
ARK Invest, led by Cathie Wood, has sold approximately $12 million worth of Coinbase shares as the stock approaches a near one-year high. The surge in Coinbase’s stock follows the exchange’s announcement of a surveillance-sharing agreement with five spot bitcoin ETF applicants. Previously, the Securities and Exchange Commission (SEC) indicated that comprehensive surveillance-sharing agreements were …
