HOOD - Cathie Wood's Ark Pauses Robinhood Selling But Continues To Offload This Crypto-Linked Stock Amid Bitcoin's Rebound | Benzinga
Cathie Wood’s Ark Invest, which has been a seller of two crypto-linked stocks for much of this year, on Monday paused the sale of one of them.
What Happened: Ark did not transact in the shares of trading app Robinhood, Inc. (NASDAQ:HOOD) on Monday but it sold more of cryptocurrency exchange Coinbase Global, Inc. (NASDAQ:COIN).
Ark through its Ark Innovation ETF (NYSE:ARKK), Ark Next Generation Internet ETF (NYSE:ARKW) and Ark Fintech Innovation ETF (NYSE:ARKF) ...