Cathie Wood's Ark Invest Sells Coinbase Holdings as Bitcoin Declines
Cathie Wood's Ark Invest has sold its Coinbase shares as Bitcoin falls close to $60,000, marking a significant move in the crypto market.
Prominent technology investor Cathie Wood has made headlines by divesting Ark Invest's holdings in Coinbase, coinciding with Bitcoin's recent downturn, which has seen its value drop to approximately $60,000.