Cathie Wood's ARK Invest sold over $25 million worth of Coinbase (COIN) stock from its two exchange-traded funds (ETFs) on Wednesday. The investment firm sold a total of 166,183 COIN shares from its Innovation ETF (ARKK) and Next Generation Internet ETF (ARKW), valued at $25.3 million based on the closing price of the cryptocurrency exchange.
Welcome Back
Click “Sign in” to agree to Cointime’s Terms of Service and acknowledge that Cointime’s Privacy Policy applies to you.
Join CoinTime
Already have an account?
Click “page.Sign up” to agree to Cointime’s <a class="underline" href="#term-of-service">Terms of Service</a> and acknowledge that Cointime’s a class="underline" href="#privacy-policy">Privacy Policy</a> applies to you.
Sign in with email
Sign up with email
Your email
Check your inbox
Click the link we sent to to sign in.
Click the link we sent to to sign up.
ARK Invest sells $25M worth of Coinbase shares
-
Wechat scan to share
Recommended for you
-
$1.911 billion worth of SOL transferred
According to Whale Alert monitoring, 11,040,253 SOL (US $1,911,291,365) was transferred from an unknown wallet to another unknown wallet. -
DeFi TVL exceeds $95 billion again
According to defillama data, as of May 18, 2024, the total value locked (TVL) in DeFi has once again surpassed $95 billion. It is currently reported at $95.069 billion, an increase of nearly $12 billion from the low point of $83.04 billion 35 days ago. Among the top five protocols in terms of TVL, Eigenlayer has the highest 30-day increase, with TVL rising by 19.67% to a total of $15.455 billion. -
An address mistakenly transferred about $7,000 in BTC to Satoshi Nakamoto’s wallet
According to Arkham monitoring, someone accidentally sent 90% of their BTC assets to Satoshi Nakamoto's wallet address last night. They were trying to swap Ordinal for PupsToken, but ended up sending almost their entire wallet balance - about $7,000 worth of BTC. -
USDC circulation increased by 200 million in the past 7 days
According to official data, within the 7 days ending on May 16th, Circle issued 1.8 billion USDC, redeemed 1.6 billion USDC, and the circulation increased by 200 million. The total circulation of USDC is 33.2 billion US dollars, and the reserve is 33.4 billion US dollars, of which 3.8 billion US dollars are in cash, and Circle Reserve Fund holds 29.6 billion US dollars. -
Bitcoin mining company Phoenix Group released its Q1 financial report: net profit of US$66.2 million, a year-on-year increase of 166%
Phoenix Group, a listed mining company and blockchain technology provider for Bitcoin, released its Q1 financial report, with the following main points: -
Core Foundation launches $5 million innovation fund
CoreDAO announced in a post on X platform that the Core Foundation has launched a $5 million innovation fund. The fund is currently mainly targeting the Indian market and has established strategic partnerships with the Indian Institute of Technology Bombay and some top venture capital companies to support the development of innovative blockchain projects in the country. At present, the fund has opened project funding applications. -
In the past 24 hours, the entire network has liquidated $139 million, and long orders have liquidated $83.5374 million
According to Coinglass data, there were liquidations totaling $139 million in the past 24 hours, with a total of 56,471 people being liquidated.Of these, long positions were liquidated for $83.5374 million, short positions were liquidated for $55.4391 million, BTC was liquidated for $39.2379 million, ETH was liquidated for $26.5550 million, and SOL was liquidated for $10.2312 million. -
2 new wallets withdrew 7.85 million ARB from Coinbase 12 hours ago
As monitored by The Data Nerd, 2 new wallets withdrew 7.85 million ARB (approximately $8.91 million) from Coinbase 12 hours ago. -
Grayscale transferred a total of approximately 1,202 BTC to Coinbase and Coinbase Prime this morning
According to data monitored by Arkham, Grayscale transferred about 1202 BTC to Coinbase and Coinbase Prime this morning. The data shows that Grayscale transferred about 1050 BTC to Coinbase about 9 hours ago, worth about $66.96 million, and then transferred about 151.416 BTC to Coinbase Prime about 7 hours ago, worth about $9.76 million. -
ARK Invest increased its holdings of ARKB by more than $8.9 million yesterday and reduced its holdings of BITO by more than $800,000
Cathie Wood's ARK Invest reduced its holdings of 28,936 shares of ProShares Bitcoin Strategy ETF (BITO) on April 19, worth over $800,000. At the same time, it also increased its holdings of 139,152 shares of ARK 21 Shares Bitcoin ETF (ARKB), worth over $8.9 million.
Daily Must-Read
-
Will this cycle skip Ethereum?
-
Genesis Global secures court approval for $3B payout
-
JPMorgan’s Onyx to industrialize blockchain PoCs from Project Guardian
-
OKX Ventures invests in Web3 ‘play ARPG to train AI’ game Blade of God X
-
Bitcoin volatility plunges below Tesla, Nvidia stocks amid $100K price prediction
-
What are tokenized commodities?
All Comments