Cathie Wood’s Ark Invest Sells Coinbase Shares As Bitcoin Hits Yet Another All-Time New High, Buys Stock Of This Social Media Company
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Ark Invest, led by Cathie Wood, made trades involving Coinbase and Pinterest. They sold nearly 11,000 Coinbase shares worth $2.8 million as Bitcoin hit all-time highs. Meanwhile, they bought over 34,000 Pinterest shares worth $1.12 million. This comes as Bitcoin spot ETFs saw a record $1.05 billion inflow on Wednesday. The firm also made other trades, including selling shares of UiPath and Twilio.
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