{"id":203632,"date":"2023-11-30T16:24:30","date_gmt":"2023-11-30T10:54:30","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=203632"},"modified":"2023-11-30T16:24:30","modified_gmt":"2023-11-30T10:54:30","slug":"bitcoin-bull-cathie-woods-ark-invest-sells-coinbase-coin-buys-robinhood-shares-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/bitcoin-bull-cathie-woods-ark-invest-sells-coinbase-coin-buys-robinhood-shares-crypto-news\/","title":{"rendered":"Bitcoin Bull Cathie Wood’s Ark Invest Sells Coinbase (COIN), Buys Robinhood Shares – Crypto News"},"content":{"rendered":"

<\/p>\n

\n

Bitcoin Bull Cathie Wood\u2019s investment management firm Ark Invest offloads additional holdings of Coinbase shares, marking the second selloff of COIN stock this week. Meanwhile, ARK Invest funds continue to buy Robinhood Markets (HOOD) shares,<\/p>\n

Cathie Wood\u2019s Ark Invest Selling Coinbase Shares<\/h2>\n

On November 29, Cathie Wood\u2019s Ark Invest fund Ark Fintech Innovation ETF (ARKF) sold 38,668 Coinbase shares worth almost $5 million, according to transactions seen by CoinGape.<\/p>\n

<\/p>\n

It follows as Coinbase stock price soared 65% in a month to hit a 52-week high. COIN stock price<\/a> closed 0.35% lower at $127.82 on Wednesday.<\/p>\n

Recently, on November 27, Ark Fintech Innovation ETF (ARKF) sold 43,956 Coinbase shares worth $5 million. Cathie Wood\u2019s Ark Invest funds have sold COIN stocks worth billions, with a total of 52,224 shares sold last time on July 18.<\/p>\n

Cathie Wood\u2019s Ark Invest fund ARK Next Generation Internet ETF (ARKW) sold 94,624 GBTC shares<\/a> worth almost $3 million on November 24.<\/p>\n

<\/p>\n

Also Read: SEC Chair Gary Gensler Hinted At Spot Bitcoin ETF Approval? Speculates Bloomberg Analyst<\/a><\/strong><\/p>\n

Robinhood Stock In Demand<\/h2>\n

<\/p>\n

Robinhood Markets continue to grab the attention of Ark Invest. On November 24, Ark Invest fund ARK Next Generation Internet ETF (ARKW) purchased 93,297\u00a0H<\/a>OOD<\/a> shares.<\/p>\n

Cathie Wood\u2019s Ark Fintech Innovation ETF (ARKF) made its largest buy of 221,759 HOOD shares on November 29. The move coincided with Robinhood rolling<\/a> out commission-free stock trading in the UK, bringing its Silicon Valley innovation to British investors.<\/p>\n

HOOD price<\/a> closed at $8.92 on Wednesday. The stock trades at 3% higher in pre-market hours.<\/p>\n

Also Read: Linda Yaccarino Candidly Defends Elon Musk & X\u2019s Free Speech Stand As Advertisers Flee<\/a><\/strong><\/p>\n

<\/p>\n

\n
\n

\u2713 Share:<\/p>\n

<\/a><\/p>\n

\n <\/p>\n

<\/a>\n <\/div>\n<\/p><\/div>\n<\/p><\/div>\n

<!– <\/p>\n

\n
\n
\n
\n

<\/p>\n

\"\"<\/div>\n
Top Crypto Marketing Firms \/ Agencies 2023; Here\u2019s Best Picks [Updated]\n <\/div>\n

<\/a><\/p><\/div>\n<\/p><\/div>\n

\n
\n

<\/p>\n

\"\"<\/div>\n
Top 10 Web3 Games To Explore In 2023; Here List\n <\/div>\n

<\/a><\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n

–><\/p>\n

\n
\n
\n
\n
\n<!–<\/p>\n
<\/div>\n

–><\/p>\n

Varinder has 10 years of experience in the Fintech sector, with over 5 years dedicated to blockchain, crypto, and Web3 developments. Being a technology enthusiast and analytical thinker, he has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers. With CoinGape Media, Varinder believes in the huge potential of these innovative future technologies. He is currently covering all the latest updates and developments in the crypto industry. <\/p>\n<\/p><\/div>\n

\n \"\" <\/div>\n<\/p><\/div>\n<\/p><\/div>\n
\n

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n

<!– <\/p>\n

\n
\n Crypto Stories<\/span><\/p>\n

View all<\/a>\n <\/div>\n

\n
\n
\n
\n <\/p>\n
\"cropped-crypto-decoded-img-1.jpg\"<\/div>\n
7 Successful Pre-sales Token in Crypto Market <\/div>\n

<\/a>\n <\/div>\n<\/p><\/div>\n<\/p><\/div>\n

\n
\n
\n <\/p>\n
\"Ripple<\/div>\n
Ripple CTO Urges Legislative Clarity on Crypto Regulations <\/div>\n

<\/a>\n <\/div>\n<\/p><\/div>\n<\/p><\/div>\n

\n
\n
\n <\/p>\n
\"30..4\"<\/div>\n
Pepe Coin Vs Meme Coin: Which is Better Investment? <\/div>\n

<\/a>\n <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n

–><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

Bitcoin Bull Cathie Wood\u2019s investment management firm Ark Invest offloads additional holdings of Coinbase shares, marking the second selloff of COIN stock this week. Meanwhile, ARK Invest funds continue to buy Robinhood Markets (HOOD) shares, Cathie Wood\u2019s Ark Invest Selling Coinbase Shares On November 29, Cathie Wood\u2019s Ark Invest fund Ark Fintech Innovation ETF (ARKF) […]<\/p>\n","protected":false},"author":2,"featured_media":203633,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[192,29,198,194,195,199,196,193,197,200],"class_list":["post-203632","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-blockchain-business","tag-business","tag-coins","tag-crypto-business","tag-cryptocurrency-business","tag-fiat","tag-metaverse-business","tag-nft-business","tag-token","tag-token-business"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/203632","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=203632"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/203632\/revisions"}],"predecessor-version":[{"id":203635,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/203632\/revisions\/203635"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/203633"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=203632"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=203632"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=203632"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}