.arkinvest has sold $12 million worth of COIN as bitcoin ETF surveillance deal has pushed the stock to near yearly highs. thesamreynolds reports.
Across all of ARK’s funds, the tech-focused investment manager owns close to 11 million shares of Coinbase, making it one of the largest holders of the stock. Overall the Coinbase holding represents 6.2% of the total fund weightage for ARK.
The estimated cost average for COIN across the various funds are, $239.60 for the Ark Fintech Innovation ETF , $254.65 for Ark’s ARK Innovation ETF , and $242 for ARK Next Generation Internet ETF , according to
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
ARK Invest: Institutional Investors Holding More Bitcoin | CoinMarketCapCryptoNews: Institutional investors and long-term Bitcoin holders are displaying increased bullishness, with the balance of Bitcoin held on over-the-counter (OTC) desks hitting an all-time high.
Read more »
Harrison Ford On His Initial Reaction To Indiana Jones’ Costume For ‘Raiders Of The Lost Ark’Harrison Ford was not completely impressed when he was presented with the costume he would be wearing as Indiana Jones for Raiders of the Lost Ark. Indiana Jones is an iconic character known for hi…
Read more »
SEC States Coinbase Misinteprets Howey Test, Misuses Major Questions Doctrine – Bitcoin NewsThe SEC reaffirms the jurisdiction over securities cases, stating that this legal action against Coinbase is part of the 'exercise of its longstanding authority to enforce statutory requirements.''
Read more »
Meme Coin Scam Nets Fraudster Over $315K in ETHCunning fraudster, leveraging popularity and volatility of meme coins, has managed to siphon off over $315,000 worth of Ethereum (ETH) through carefully executed cryptocurrency scam
Read more »
Coinbase shares up 50% since the SEC sued the exchangeDespite Coinbase facing a securities violation lawsuit in the United States, its stock has been on the rise since the SEC sued the company.
Read more »
Coinbase CEO Massively Deletes His Older Tweets, What's Happening?Coinbase CEO brian_armstrong massively purges most of his tweets and even deletes traces from various web archives
Read more »