Global Stock News

Investor Cathie Wood Sells Crypto Stocks As Prices Rally

Investor Cathie Wood Sells Crypto Stocks As Prices Rally

Investor Cathie Wood Sells Crypto Stocks As Prices Rally
Investor Cathie Wood Sells Crypto Stocks As Prices Rally

Investor Cathie Wood has sold a number of cryptocurrency stocks over the past week as their share prices have rallied.

Wood’s firm Ark Invest sold shares of Coinbase Global (NASDAQ: $COIN), Circle (NYSE: $CRCL), Bullish (NYSE: $BLSH), and Bitmine (NYSE: $BMNR) as the stocks rose.

The firm’s latest trade disclosure showed that it sold $7 million U.S. of Coinbase stock and $13.8 million U.S. of Circle Internet Group’s stock.

More From Cryptoprowl:

Ark Invest also sold $3.96 million U.S. of Bitmine’s stock and $687,693 U.S. worth of shares in Bullish.

The sales come as crypto stocks enjoy a big rally with the price…

Source link

Share this article

Scroll to Top