VERV - Cathie Wood's Ark Invest Sells Coinbase Shares As Bitcoin Drops Below Key $62K Level | Benzinga
On Monday, Cathie Wood-led Ark Invest made some significant trades, with Coinbase Global Inc. (NASDAQ:COIN) taking the spotlight. This comes amidst a turbulent market scenario, particularly for cryptocurrencies.
The COIN Trade
Ark Invest’s most prominent trade on this day was with Coinbase, a leading cryptocurrency exchange platform. This trade comes at a time when the cryptocurrency market is experiencing significant volatility, with Bitcoin’s (CRYPTO: BTC) price falling below the $62,000 mark. This drop in Bitcoin’s ...