On Monday, February 26, Ark Invest, led by Cathie Wood, made significant adjustments to its portfolio, notably divesting shares of cryptocurrency-related companies, such as Robinhood Markets Inc (NASDAQ: HOOD) and Coinbase Global Inc (NASDAQ: COIN), This comes amidst a notable rally in Bitcoin (BTC) as it surpassed the $57,000 mark. The decision encompasses a pivotal moment for investors, with the crypto market cap exceeding $2 trillion.
Cathie Wood's Ark Invest Sheds More Coinbase, Nvidia and Robinhood Shares
coingape.com
27 February 2024 15:30, UTC