ARK Invest Bets Big on Meta Platforms and Robinhood, Reduces Coinbase Position
Investment management firm ARK Invest has started accumulating Meta and Robinhood shares while selling more Coinbase shares. On Friday, the company offloaded 478,356 Coinbase shares valued at $53 million as the crypto ex...
On Friday, the company offloaded 478,356 Coinbase shares valued at $53 million as the crypto exchange’s stock prices reached a 52-week high....
Read More: ARK Invest Bets Big on Meta Platforms and Robinhood, Reduces Coinbase Position
Original source
Read on CryptonewsRelated market context
Investors lose over $200M on American Bitcoin shares while Eric Trump’s stake holds at $70M
The disparity in losses highlights the risks retail investors face in celebrity-backed ventures, emphasizing the need for cautious...
BlackRock investors seek to redeem 13% of private-credit fund shares in Q2
Investor confidence in private credit funds is waning, prompting potential liquidity challenges and calls for greater transparency...
VanEck Bets BNB’s Real-World Usage Can Help Its ETF Stand Out
TL;DR VanEck is positioning its VBNB spot BNB ETF around BNB Chain usage and revenue metrics. The ETF reportedly has around $2 mil...
Coinbase Quantum Report Warns Millions Of Bitcoin Could Face Future Security Risks
TL;DR Coinbase’s Quantum Advisory Council published a report on post-quantum migration and abandoned coins. The report estimates t...
SpaceX shares surge 19% in debut after blockbuster IPO, sending shockwaves through crypto markets
SpaceX's IPO success highlights a shift in investment focus, potentially diverting capital from crypto markets and impacting digit...
SEC targets 20-year-old rule standing between Wall Street and blockchain trading
The Securities and Exchange Commission (SEC) is moving to dismantle a stock-trading rule that has governed Wall Street for two dec...