ARK Invest Sells Another $4.2M of Coinbase Shares
COIN constitutes a 10.34% weighting of ARK’s Innovation ETF, a stake worth over $872.5 million.
Coinbase
Cathie Wood’s ARK Invest Offloads $25M of Coinbase Shares
Coinbase’s Nasdaq-listed stock fell 2.96% Wednesday to $152.24 as the crypto market’s rally halted.
Coinbase Buckles 10% as Crypto Stocks Falter Despite Bitcoin Topping $45K
The decline happened as bitcoin spiked above $45,000 during the day as traders anticipate an imminent spot BTC ETF decision in the U.S.
Bitcoin-Related Companies Show Pre-Market Gains as BTC Nears $46K
U.S.-listed companies rode bitcoin’s bullish momentum to show significant gains in pre-market trading, including COIN, MSTR, MARA and RIOT.
Cathie Wood’s ARK Invests in ProShares Bitcoin ETF After Dumping Grayscale Holdings
The investment fund bought $9.2 million worth of BITO shares while selling $27.6 million worth of COIN.
Coinbase Approved as Virtual Asset Services Provider in France
The third-largest crypto exchange has said it wants to become regulated in countries with clear policies for the industry while it argues with the Securities and Exchange Commission for bespoke rules in the U.S.
ARK Invest Coinbase Share Sale Takes December Total Close to $200M
Cathie Wood’s investment firm also sold GBTC stock while increasing its holdings of Block.
Coinbase Tried to Rein in a Renegade SEC That’s Trying to Rein in a Renegade Industry
The SEC rejected Coinbase’s petition for crypto rulemaking, marking yet another refusal to provide regulatory clarity for an industry that badly wants it.
U.S. SEC Denies Coinbase’s Push for Crypto Regulations as ‘Unwarranted’
U.S. crypto exchange Coinbase’s petition to the Securities and Exchange Commission (SEC) to prod it toward a system of tailored rules for digital assets was rejected by the regulator on Friday.
ARK Sells $42.6M Coinbase Shares as COIN Hits 20-Month High
The firm has sold over $150 million worth of stake in COIN since Dec. 5.