Amid A Crypto Rally, Cathie Wood's Ark Invest Sells Nvidia, Coinbase, Grayscale Bitcoin Trust, Buys Moderna Shares

Benzinga2023-10-24

On Monday, Cathie Wood-led Ark Invest made a notable move by selling shares of Coinbase Global Inc amid a surge in Bitcoin prices. At the time of writing, the apex cryptocurrency was seen trading at $...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1151232334?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-10-24 17:06","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1151232334","market":"other","top_or_hot":-1,"title":"Amid A Crypto Rally, Cathie Wood's Ark Invest Sells Nvidia, Coinbase, Grayscale Bitcoin Trust, Buys Moderna Shares","media":"Benzinga","content":"<div>\n<p>On Monday, Cathie Wood-led Ark Invest made a notable move by selling shares of Coinbase Global Inc amid a surge in Bitcoin prices. At the time of writing, the apex cryptocurrency was seen trading at $...</p>\n\n<a href=\"https://www.benzinga.com/23/10/35386552/amid-a-crypto-rally-cathie-woods-ark-invest-sells-coinbase-grayscale-bitcoin-trust-buys-robinhood-sh\">Source Link</a>\n\n</div>\n","source":"lsy1606299360108","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amid A Crypto Rally, Cathie Wood's Ark Invest Sells Nvidia, Coinbase, Grayscale Bitcoin Trust, Buys Moderna Shares</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmid A Crypto Rally, Cathie Wood's Ark Invest Sells Nvidia, Coinbase, Grayscale Bitcoin Trust, Buys Moderna Shares\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-10-24 17:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/23/10/35386552/amid-a-crypto-rally-cathie-woods-ark-invest-sells-coinbase-grayscale-bitcoin-trust-buys-robinhood-sh><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>On Monday, Cathie Wood-led Ark Invest made a notable move by selling shares of Coinbase Global Inc amid a surge in Bitcoin prices. At the time of writing, the apex cryptocurrency was seen trading at $...</p>\n\n<a href=\"https://www.benzinga.com/23/10/35386552/amid-a-crypto-rally-cathie-woods-ark-invest-sells-coinbase-grayscale-bitcoin-trust-buys-robinhood-sh\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NVDA","symbol_name":"英伟达","start_time":0,"source_url":"https://www.benzinga.com/23/10/35386552/amid-a-crypto-rally-cathie-woods-ark-invest-sells-coinbase-grayscale-bitcoin-trust-buys-robinhood-sh","article_id":"1151232334","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1151232334","pubTimestamp":1698138365,"sourceInfo":{"source_id":"lsy1606299360108","name":"Benzinga"},"weMediaInfo":null,"summary":"On Monday, Cathie Wood-led Ark Invest made a notable move by selling shares of Coinbase Global Inc amid a surge in Bitcoin prices. At the time of writing, the apex cryptocurrency was seen trading at $","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"NVDA":"英伟达","COIN":"Coinbase Global, Inc.","GBTC":"Grayscale Bitcoin Trust","MRNA":"Moderna, Inc."},"translate_title":"在加密反弹中，凯西伍德的方舟投资出售英伟达，比特币基地，灰度比特币信托，购买Moderna股票","themeId":"b450f1d4aa0246ad9fdbfc0fc150ccb7","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"COIN":1.1,"GBTC":1.1,"MRNA":1.1,"NVDA":1.1},"content_text":"On Monday, Cathie Wood-led Ark Invest made a notable move by selling shares of Coinbase Global Inc amid a surge in Bitcoin prices. At the time of writing, the apex cryptocurrency was seen trading at $34,878.65, it had spiked 15.2% over 24 hours.The COIN Trade: Ark Invest sold 42,613 shares of Coinbase Global through ARK Next Generation Internet ETF and Ark Fintech Innovation ETF. The transaction was valued at $3.3 million, based on Coinbase’s closing price of $77.21 on Monday.More than a month ago, Coinbase’s CEO Brian Armstrong confirmed the implementation of Bitcoin’s Lightning Network for faster and cheaper transactions. Cathie Wood applauded this move, highlighting the significance of Lightning as Bitcoin’s payment layer and its potential to offer Coinbase’s vast user base quicker and more affordable Bitcoin transactions. Armstrong’s announcement was a response to a query from Jack Dorsey, emphasizing the importance of the Lightning Network in enhancing Bitcoin’s transaction capabilities.Furthermore, Ark Invest also made a move with the Grayscale Bitcoin Trust by selling 100,739 shares through ARKW. The transaction was valued at $2.5 million, based on GBTC closing price of $24.70 on Monday.Cathie Wood has previously expressed her belief in Grayscale Investments as a significant component of Barry Silbert’s Digital Currency Group. Wood’s confidence in Grayscale stems from the trust’s commitment to cold storage, ensuring the security of its Bitcoin assets.Other Key Trades:Ark Invest purchased 55,271 shares of Moderna Inc through ARK Genomic Revolution ETF.Ark Invest sold 10,396 shares of NVIDIA Corp through ARKG.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":4,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.2","shortVersion":"4.24.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1151232334"}