Bitcoin
Bitcoin (BTC)
$41,847.00 -4.63912
Bitcoin price
Ethereum
Ethereum (ETH)
$2,220.37 -5.45575
Ethereum price
BNB
BNB (BNB)
$242.29 0.69097
BNB price
Solana
Solana (SOL)
$67.40 -8.74131
Solana price
XRP
XRP (XRP)
$0.6161260 -6.72968
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000095 -7.88805
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000014 -9.77353
Pepe price
El Hippo
El Hippo (HIPP)
$0.0000000097510 1.91192
El Hippo price
Bitcoin
Bitcoin (BTC)
$41,847.00 -4.63912
Bitcoin price
Ethereum
Ethereum (ETH)
$2,220.37 -5.45575
Ethereum price
BNB
BNB (BNB)
$242.29 0.69097
BNB price
Solana
Solana (SOL)
$67.40 -8.74131
Solana price
XRP
XRP (XRP)
$0.6161260 -6.72968
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000095 -7.88805
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000014 -9.77353
Pepe price
El Hippo
El Hippo (HIPP)
$0.0000000097510 1.91192
El Hippo price
Bitcoin
Bitcoin (BTC)
$41,847.00 -4.63912
Bitcoin price
Ethereum
Ethereum (ETH)
$2,220.37 -5.45575
Ethereum price
BNB
BNB (BNB)
$242.29 0.69097
BNB price
Solana
Solana (SOL)
$67.40 -8.74131
Solana price
XRP
XRP (XRP)
$0.6161260 -6.72968
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000095 -7.88805
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000014 -9.77353
Pepe price
El Hippo
El Hippo (HIPP)
$0.0000000097510 1.91192
El Hippo price
Bitcoin
Bitcoin (BTC)
$41,847.00 -4.63912
Bitcoin price
Ethereum
Ethereum (ETH)
$2,220.37 -5.45575
Ethereum price
BNB
BNB (BNB)
$242.29 0.69097
BNB price
Solana
Solana (SOL)
$67.40 -8.74131
Solana price
XRP
XRP (XRP)
$0.6161260 -6.72968
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000095 -7.88805
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000014 -9.77353
Pepe price
El Hippo
El Hippo (HIPP)
$0.0000000097510 1.91192
El Hippo price

ARK Invest sold Coinbase and GBTC shares for $5.8m

ark-invest-sold-coinbase-and-gbtc-shares-for-5-8m
Edited by
News
ARK Invest sold Coinbase and GBTC shares for $5.8m

Cathie Wood’s investment company, ARK Invest, sold shares of the Coinbase crypto exchange and the Grayscale Bitcoin Trust (GBTC) worth about $5.8 million.

The transactions took place through several of the firm’s funds. Thus, ARK Next Generation Internet ETF sold 100,739 GBTC at $24.71 and 32,158 COIN at $77.21. ARK Fintech Innovation ETF sold out 10,455 COIN at $77.21.

The investment firm is likely taking profits from the recent crypto rally. On Oct. 24, Bitcoin (BTC) reached $35,000. Following BTC, other assets from the top 10 by capitalization also went green.

ARK Invest sold Coinbase and GBTC shares for $5.8m - 1
Source: CoinGecko

At the time of writing, the first cryptocurrency is trading at $34,416.41, having increased by more than 20% over the past week. According to MarketWatch, Coinbase is valued at $83.85 in premarket trading, up 8.6% overnight.

ARK Invest and 21Shares submitted a joint application to launch a spot Bitcoin ETF in April. In August, the regulator postponed a decision on the firms’ proposals. In October, the firms made several changes to the document. In August, the companies sent a paired request to launch two exchange-traded funds based on Ethereum futures.

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