Fri, November 22

Ark Invest Buys Coinbase and Robinhood Stocks Amid Market Rebound

Following stretches of selling, Cathie Wood of Ark Invest has increased her stock purchases of Coinbase (COIN) and Robinhood (HOOD). As investors pay more attention to market fluctuations, the asset manager keeps changing its holdings. Following the prior slump caused by macroeconomic issues, the cryptocurrency market has regained momentum. In

August 7, 2024 1 min read

Ark Invest CEO Cathie Wood Backs Trump, Citing Economic Achievements

The CEO of the U.S investment company Ark Invest, Cathie Wood, has stated her intention to cast her ballot for the presumed Republican candidate for president, Donald Trump, who is a former U.S. president. Over the weekend, Kevin Paffrath, a maker of financial information, hosted a conference in Las Vegas,

June 24, 2024 2 mins read

Cathie Wood Led Ark Invest Sells $7.5M Worth Robinhood Stock

June 10, 2024, saw major trading activity at Ark Invest, headed by Cathie Wood, including a large sell-off of Robinhood Markets Inc. (HOOD). Regardless of the cryptocurrency exchange’s purchase of Bitstamp, the company has persisted in selling off Robinhood shares. In addition, after Ark Invest’s sale of more than $7.5

June 11, 2024 1 min read

Ark Invest Sells Coinbase, Nvidia, Robinhood Shares Amid Rally 

Cathie Wood’s investment management business, Ark Invest, has sold shares of Coinbase (COIN), Nvidia (NVDA), and Robinhood (HOOD). This selling pattern is happening in spite of these stocks soared to new highs after reporting better-than-expected earnings.  The firm has sold over $12 million worth of Coinbase shares, $4 million worth

February 25, 2024 2 mins read

Cathie Wood Bullish on Solana. Will VC Interest Help SOL Flip ETH?

Ark Invest CEO Cathie Wood’s bullish stance on Solana resonates in the market. Wood emphasized the growing importance of smart contracts in the decentralized finance (DeFi) space, predicting that both Solana and Ethereum will thrive as smart contract networks. Also, she highlighted Solana’s competitive edge over Ethereum in terms of

December 27, 2023 2 mins read

Cathie Wood’s ARK Invest Dumps Coinbase Shares Again

On Wednesday, Cathie Wood’s ARK Invest made a second strategic move in the market, capitalizing on the crypto and fintech sectors. ARK sold 38,668 shares of Coinbase (COIN) from its Ark Fintech Innovation ETF (ARKF), amounting to $5 million.  This decision followed the earlier sale of 43,956 COIN shares on

November 30, 2023 2 mins read

ARK Invest Led by Cathie Wood Buys $9.5M Worth Robinhood Shares

A huge number of shares in Robinhood (HOOD), a renowned trading platform located in the United States, were acquired by Cathie Wood’s ARK Invest the day after the business announced ambitions to expand into Europe. ARK Innovation ETF (ARKK), ARK Next Generation Internet ETF (ARKW), and ARK Fintech Innovation ETF

November 9, 2023 2 mins read

Cathie Wood Buys $5.6M Worth Block Shares Post Dumping GBTC

Ark Invest, led by Cathie Wood, has dumped Grayscale Trust (GBTC) shares again, this time for around $3.8 million, and acquired Block shares for about $5.6 million. Recent transactions reveal that ARK Innovation ETF (ARKK), ARK Next Generation Internet Fund (ARKW), and Ark Fintech Innovation ETF (ARKF) together bought 113,326

November 7, 2023 2 mins read

Cathie Wood Led ARK Invest Files for Ether Spot ETF

Cathie Wood led ARK Investment Management has proposed an Ether spot ETF. This is in light of the U.S SEC’s decision to postpone ARK’s spot Bitcoin ETF. On September 6th, ARK Invest and 21Shares filed with the SEC to have their spot Ether ETF listed on the Cboe BZX Exchange. 

September 7, 2023 1 min read

Coinbase Dumps 11% as ARK Invest Books $91 Million Profit

The renowned growth-focused fund ARK Invest, led by Cathie Wood, has revealed its ongoing offloading of Coinbase shares as the COIN continued to surge. The disclosure indicates that the firm sold 248,838 COIN shares, valued at just over $26 million based on Monday’s closing price of $105.55, which falls just

July 18, 2023 2 mins read