Ark Invest offloads $12M of Coinbase, opens new $47M Tesla position

Cathie Wood’s Ark Invest is once again reshuffling its innovation-heavy portfolio. The fresh trading disclosure shows that this time, it decided to offload Coinbase while reloading on Tesla and Bitmine. This suggests Wood might be cutting the exposure from crypto-related names and betting on electric vehicles, satellite tech, and treasury platforms to rise. On Thursday, […]

Source: cryptopolitan.com (Read Full Article)