Cathie Wood's Ark Offloads $12M Worth Of Coinbase Amid 10% Rally On CBOE Tie-Up

Benzinga2023-07-12

ZINGER KEY POINTSCoinbase shares have rallied over 150% this year following a not-so-prolific 2022.At the end of the second quarter, Ark held 12.12 million shares of Coinbase valued at $867.32 million...

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

MIe
2023-07-12
MIe
Coin ipo price $150... buy dip .. lots of upside from now till btc rally to 2024#

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1185628993?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-07-12 16:54","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1185628993","market":"us","top_or_hot":-1,"title":"Cathie Wood's Ark Offloads $12M Worth Of Coinbase Amid 10% Rally On CBOE Tie-Up","media":"Benzinga","content":"<div>\n<p>ZINGER KEY POINTSCoinbase shares have rallied over 150% this year following a not-so-prolific 2022.At the end of the second quarter, Ark held 12.12 million shares of Coinbase valued at $867.32 million...</p>\n\n<a href=\"https://www.benzinga.com/markets/cryptocurrency/23/07/33193286/cathie-woods-ark-offloads-12m-worth-of-bitcoin-linked-stock-amid-10-rally-on-cboe-tie-up\">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>Cathie Wood's Ark Offloads $12M Worth Of Coinbase Amid 10% Rally On CBOE Tie-Up</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\">\nCathie Wood's Ark Offloads $12M Worth Of Coinbase Amid 10% Rally On CBOE Tie-Up\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-07-12 16:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/cryptocurrency/23/07/33193286/cathie-woods-ark-offloads-12m-worth-of-bitcoin-linked-stock-amid-10-rally-on-cboe-tie-up><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ZINGER KEY POINTSCoinbase shares have rallied over 150% this year following a not-so-prolific 2022.At the end of the second quarter, Ark held 12.12 million shares of Coinbase valued at $867.32 million...</p>\n\n<a href=\"https://www.benzinga.com/markets/cryptocurrency/23/07/33193286/cathie-woods-ark-offloads-12m-worth-of-bitcoin-linked-stock-amid-10-rally-on-cboe-tie-up\">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":"ARKK","symbol_name":"ARK Innovation ETF","start_time":0,"source_url":"https://www.benzinga.com/markets/cryptocurrency/23/07/33193286/cathie-woods-ark-offloads-12m-worth-of-bitcoin-linked-stock-amid-10-rally-on-cboe-tie-up","article_id":"1185628993","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1185628993","pubTimestamp":1689152059,"sourceInfo":{"source_id":"lsy1606299360108","name":"Benzinga"},"weMediaInfo":null,"summary":"ZINGER KEY POINTSCoinbase shares have rallied over 150% this year following a not-so-prolific 2022.At the end of the second quarter, Ark held 12.12 million shares of Coinbase valued at $867.32 million","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"ARKK":"ARK Innovation ETF","COIN":"Coinbase Global, Inc.","ARKF":"ARK Fintech Innovation ETF"},"translate_title":"Cathie Wood的Ark出售价值1200万美元的Coinbase，与CBOE结盟后股价上涨10%","themeId":"b450f1d4aa0246ad9fdbfc0fc150ccb7","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ARKF":1.1,"ARKK":1.1,"COIN":1.1},"content_text":"ZINGER KEY POINTSCoinbase shares have rallied over 150% this year following a not-so-prolific 2022.At the end of the second quarter, Ark held 12.12 million shares of Coinbase valued at $867.32 million.Cathie Wood-run Ark Invest's trades on Tuesday were mostly focused on healthcare stocks, although the firm did buy and sell a few stocks outside of the space.What Happened: Ark's flagship Ark Innovation ETF sold 135,152 shares of cryptocurrency exchangeCoinbase Global, Inc. The sale would have fetched the firm proceeds of $12.05 million.Coinbase shares rallied 9.78% to $89.15 on Tuesday after it announced a surveillance-sharing agreement with CBOE's BZX Exchange for five of its spot Bitcoin ETFs.Why It's Important: Ark was primarily a buyer of Coinbase shares, supporting the stock as the crypto industry reeled under the impact of bankruptcies and increased regulatory scrutiny. Except for a single sale transaction in late March by the Ark Fintech Innovation ETF, the firm has pressed the buy button this year.Ark’s 13F filing showed that at the end of the second quarter, Ark held 12.12 million shares of Coinbase valued at $867.32 million. This compares to the 9.19 million shares, valued at $325.21 million, it held at the end of 2022.Coinbase ended Tuesday's session up 9.78% at $89.15.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":197123753750672,"gmtCreate":1689153098560,"gmtModify":1689153102337,"author":{"id":"3577182936341023","authorId":"3577182936341023","name":"MIe","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":6,"crmLevelSwitch":0,"idStr":"3577182936341023","authorIdStr":"3577182936341023"},"htmlText":"Coin ipo price $150... buy dip .. lots&nbsp;&nbsp;of upside from now till btc rally to 2024#&nbsp;","listText":"Coin ipo price $150... buy dip .. lots&nbsp;&nbsp;of upside from now till btc rally to 2024#&nbsp;","text":"Coin ipo price $150... buy dip .. lots of upside from now till btc rally to 2024#","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/197123753750672","repostId":1185628993,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":8,"commentSize":1,"repostSize":1,"favoriteSize":1,"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":"4.29.1","shortVersion":"4.29.1","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/1185628993"}