Cathie Wood’s Ark Invest snaps up nearly $10 million in Coinbase and Circle stock
The Block·
60-second summary
Cathie Wood's Ark Invest is actively buying up nearly $10 million in Coinbase and Circle stock, while simultaneously selling off a small portion of Solmate shares as it rebalances its fund weightings to navigate market volatility, a common strategy employed by the firm to optimize portfolio performance and mitigate risk in the ever-shifting crypto landscape.
The firm also offloaded a small amount of Solmate stock as it continues to rebalance its fund weightings amid market volatility.