We don't factually know what h

We don't factually know what happened behind the curtains... There are no right or wrong decisions on the part of Cathie Woods. This could be part of her midterm, broader portfolio adjustment/investment strategy to limit & reduce volatility risk exposures to the broader crypto market which is highly unpredictable and extremely volatile.

Maybe Ark Invest want to reduce its overall exposure and volatility risks to cryptocurrencies.

Maybe Woods have identified other investment opportunities and want to quickly reallocate her firm's funds to capitalize on alternative Investment windows saucy as the Fabulous Four or TSLA ( these are always much more profitable and attractive than holding onto Coinbase shares per se).

Cathie Wood's Ark Invest Sheds $6.4M Worth Of Coinbase Shares

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This could be&nbsp;part of her midterm,&nbsp;broader portfolio adjustment/investment&nbsp;strategy to limit &amp; reduce&nbsp;volatility risk exposures to the broader crypto market which is highly unpredictable and extremely volatile.&nbsp;\nMaybe Ark Invest want&nbsp;to reduce its overall exposure and volatility risks&nbsp;to cryptocurrencies. \nMaybe Woods&nbsp;have&nbsp;identified other investment opportunities and want to quickly reallocate her firm's funds to capitalize on alternative Investment windows saucy as the Fabulous Four or TSLA&nbsp;( these are&nbsp;always&nbsp;much more profitable and attractive than holding onto Coinbase shares per se).&nbsp;</body></html>","htmlText":"<html><head></head><body>We don't factually know what happened behind the curtains...&nbsp;There are no right or wrong decisions on the part of Cathie Woods. This could be&nbsp;part of her midterm,&nbsp;broader portfolio adjustment/investment&nbsp;strategy to limit &amp; reduce&nbsp;volatility risk exposures to the broader crypto market which is highly unpredictable and extremely volatile.&nbsp;\nMaybe Ark Invest want&nbsp;to reduce its overall exposure and volatility risks&nbsp;to cryptocurrencies. \nMaybe Woods&nbsp;have&nbsp;identified other investment opportunities and want to quickly reallocate her firm's funds to capitalize on alternative Investment windows saucy as the Fabulous Four or TSLA&nbsp;( these are&nbsp;always&nbsp;much more profitable and attractive than holding onto Coinbase shares per se).&nbsp;</body></html>","text":"We don't factually know what happened behind the curtains... There are no right or wrong decisions on the part of Cathie Woods. This could be part of her midterm, broader portfolio adjustment/investment strategy to limit & reduce volatility risk exposures to the broader crypto market which is highly unpredictable and extremely volatile. Maybe Ark Invest want to reduce its overall exposure and volatility risks to cryptocurrencies. Maybe Woods have identified other investment opportunities and want to quickly reallocate her firm's funds to capitalize on alternative Investment windows saucy as the Fabulous Four or TSLA ( these are always much more profitable and attractive than holding onto Coinbase shares per se).","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/291902453272792","repostId":1105437092,"repostType":4,"repost":{"id":"1105437092","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1712287800,"share":"https://www.laohu8.com/m/news/1105437092?lang=&edition=full","pubTime":"2024-04-05 11:30","market":"us","language":"en","title":"Cathie Wood's Ark Invest Sheds $6.4M Worth Of Coinbase Shares","url":"https://stock-news.laohu8.com/highlight/detail?id=1105437092","media":"Benzinga","summary":"On Thursday, Cathie Wood-led Ark Invest made a significant move by selling shares of Coinbase Global Inc, despite the stock’s positive market performance on the same day.The COIN TradeArk Invest’s dec","content":"<html><head></head><body>On Thursday, Cathie Wood-led Ark Invest made a significant move by selling shares of Coinbase Global Inc, despite the stock’s positive market performance on the same day.The COIN TradeArk Invest’s decision to offload Coinbase shares came as a surprise to many, given the stock’s upward trajectory on the day of the trade. Notably major cryptocurrencies like Bitcoin and Ethereum traded mixed at the time of writing. The apex cryptocurrency was seen 2.7% higher at $67,632.08, while Ethereum traded 0.3% lower at $3,268.90.According to a Benzinga report, Coinbase shares were trading higher on Thursday. The ETFs involved in the trade were Ark Fintech Innovation ETF (ARKK) and ARK Next Generation Internet ETF (ARKW), which sold 22,690 and 2,972 shares respectively. The value of the trade, calculated from the latest closing price of $249.61, amounted to approximately $6.4 million.Interestingly, the sale occurred on the same day that New York-based financial firm Oppenheimer raised its share price target for Coinbase to $276, up from a previous target of $200. This new target price is around 10% higher than Wednesday’s closing share price of Coinbase, which was $251.58.Other Key Trades:<ul style=\"list-style-type: disc;\"><li>ARKF bought shares of SoFi Technologies Inc and of Roblox Corp.</li></ul><ul style=\"list-style-type: disc;\"><li>ARKF sold shares of Twilio Inc, while ARKG bought those of 10x Genomics Inc and of Verve Therapeutics Inc.</li><li>ARKW bought shares of Roku Inc and sold shares of Twilio Inc.</li></ul></body></html>","collect":0,"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 Invest Sheds $6.4M Worth Of Coinbase 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\">\nCathie Wood's Ark Invest Sheds $6.4M Worth Of Coinbase Shares\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nBenzinga \n2024-04-05 11:30\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body>On Thursday, Cathie Wood-led Ark Invest made a significant move by selling shares of Coinbase Global Inc, despite the stock’s positive market performance on the same day.The COIN TradeArk Invest’s decision to offload Coinbase shares came as a surprise to many, given the stock’s upward trajectory on the day of the trade. Notably major cryptocurrencies like Bitcoin and Ethereum traded mixed at the time of writing. The apex cryptocurrency was seen 2.7% higher at $67,632.08, while Ethereum traded 0.3% lower at $3,268.90.According to a Benzinga report, Coinbase shares were trading higher on Thursday. The ETFs involved in the trade were Ark Fintech Innovation ETF (ARKK) and ARK Next Generation Internet ETF (ARKW), which sold 22,690 and 2,972 shares respectively. The value of the trade, calculated from the latest closing price of $249.61, amounted to approximately $6.4 million.Interestingly, the sale occurred on the same day that New York-based financial firm Oppenheimer raised its share price target for Coinbase to $276, up from a previous target of $200. This new target price is around 10% higher than Wednesday’s closing share price of Coinbase, which was $251.58.Other Key Trades:<ul style=\"list-style-type: disc;\"><li>ARKF bought shares of SoFi Technologies Inc and of Roblox Corp.</li></ul><ul style=\"list-style-type: disc;\"><li>ARKF sold shares of Twilio Inc, while ARKG bought those of 10x Genomics Inc and of Verve Therapeutics Inc.</li><li>ARKW bought shares of Roku Inc and sold shares of Twilio Inc.</li></ul></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VERV":"Verve Therapeutics","ARKK":"ARK Innovation ETF","TXG":"10x Genomics, Inc.","RBLX":"Roblox Corporation","ARKF":"ARK Fintech Innovation ETF","ARKW":"ARK Next Generation Internation ETF","SOFI":"SoFi Technologies Inc.","TWLO":"Twilio Inc","COIN":"Coinbase Global, Inc.","ROKU":"Roku Inc"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105437092","content_text":"On Thursday, Cathie Wood-led Ark Invest made a significant move by selling shares of Coinbase Global Inc, despite the stock’s positive market performance on the same day.The COIN TradeArk Invest’s decision to offload Coinbase shares came as a surprise to many, given the stock’s upward trajectory on the day of the trade. Notably major cryptocurrencies like Bitcoin and Ethereum traded mixed at the time of writing. The apex cryptocurrency was seen 2.7% higher at $67,632.08, while Ethereum traded 0.3% lower at $3,268.90.According to a Benzinga report, Coinbase shares were trading higher on Thursday. The ETFs involved in the trade were Ark Fintech Innovation ETF (ARKK) and ARK Next Generation Internet ETF (ARKW), which sold 22,690 and 2,972 shares respectively. The value of the trade, calculated from the latest closing price of $249.61, amounted to approximately $6.4 million.Interestingly, the sale occurred on the same day that New York-based financial firm Oppenheimer raised its share price target for Coinbase to $276, up from a previous target of $200. This new target price is around 10% higher than Wednesday’s closing share price of Coinbase, which was $251.58.Other Key Trades:ARKF bought shares of SoFi Technologies Inc and of Roblox Corp.ARKF sold shares of Twilio Inc, while ARKG bought those of 10x Genomics Inc and of Verve Therapeutics Inc.ARKW bought shares of Roku Inc and sold shares of Twilio Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":126,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":612,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/291902453272792"}