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Cathie Wood Reduces Coinbase, Robinhood, Bitcoin-Related Holdings

Cathie Wood Reduces Coinbase, Robinhood, Bitcoin-Related Holdings

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Cathie Wood’s investment management firm ARK Invest has reduced its exposure to several crypto-related stocks and funds. What Happened: According to data from an ARK Invest ETF Holdings Tracker, the ARK Innovation ETF (NYSEARCA: ARKK) sold 110,192 shares of crypto exchange Coinbase Global Inc (NASDAQ:COIN) over the past week for a total of $107 million.

...read full article on Benzinga

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