ChainCatcher news, ARK Invest reduced its holdings of 115,206 shares of Robinhood stock yesterday (November 11), worth approximately $3.78 million.

ChainCatcher news, according to Ark Invest Daily monitoring, ARKF increased its holdings by 24,474 shares of Coinbase stock on November 4, amounting to approximately 4.5 million dollars.

ChainCatcher news, according to Arkk Daily monitoring, ARK Invest increased its holdings of 12,994 shares of Coinbase stock on October 8, valued at approximately $2.18 million, and also reduced its holdings of 1,421,431 shares of Robinhood stock, valued at over $36.4 million.

ChainCatcher news, according to Ark Invest Daily data, ARK Invest increased its holdings by 38,475 shares of Coinbase stock on September 11, valued at approximately $8.44 million.

ChainCatcher news, according to Ark Invest Daily monitoring, Cathie Wood's ARK Invest increased its holdings by a total of 19,892 shares of Coinbase stock COIN yesterday, amounting to approximately 3.86 million dollars.

ChainCatcher news, according to Coindesk, Cathie Wood's investment management firm ARK Invest took the opportunity of the significant market drop on Monday to purchase shares of Coinbase (COIN) and Robinhood (HOOD) for the first time in months.ARK purchased $17.8 million of COIN, marking its first purchase of shares in the cryptocurrency exchange since buying $21.6 million of COIN on June 6, 2023. ARK also increased its stake in the cryptocurrency-friendly online brokerage Robinhood, buying $11.2 million of HOOD shares, which is the first purchase of HOOD since February 13.COIN's stock price fell 7.3% that day, closing at $189.47, while HOOD dropped 8.17% to $16.42. ARK typically increases its holdings when stock prices decline, aiming to profit when prices rebound.

ChainCatcher news, ARK Invest (ARKW) led by Cathie Wood reduced its holdings by 16,758 shares of Coinbase on July 19, amounting to approximately 4.32 million dollars based on the closing price of 257.79 dollars per share on that day.

ChainCatcher news, ARK Invest (ARKW) led by Cathie Wood reduced its holdings by 2,046 shares of Coinbase on July 12, amounting to approximately $446,000 based on the closing price of $224 per share on that day.

ChainCatcher news, Bloomberg's senior ETF analyst Eric Balchunas stated that YieldMax has launched a short Coinbase stock options strategy ETF (YieldMax Short COIN Option Income Strategy ETF, Ticker: $FIAT). This ETF takes a bearish position on $COIN by going long on put options and shorting call options, while also shorting put options to enhance income.

ChainCatcher news, ARK Invest, led by Cathie Wood, reduced its holdings of 3,278 shares of Coinbase (COIN) on June 26, worth over $700,000.

ChainCatcher news, ARK Invest (ARKW) led by Cathie Wood reduced its holdings by 3,341 shares of Coinbase on June 24, amounting to approximately $710,000 based on the closing price of that day.

ChainCatcher news, Bank of America stated that the current macro environment is favorable for the growth of cryptocurrency market capitalization and trading volume, upgrading Coinbase's stock rating from underperform to neutral, and raising its target price from $110 to $217.

ChainCatcher message, Ark Invest Daily data shows that ARK Invest, led by Cathie Wood, sold a total of 70,616 shares of COIN (Coinbase Global Inc) on May 7, valued at approximately $15.1358 million based on a closing price of $214.34.

ChainCatcher news, ARK Invest, led by Cathie Wood, reduced its holdings of 11,775 shares of Coinbase stock (COIN) on April 8, totaling approximately $3.02 million.

ChainCatcher news, according to The Block, New York financial firm Oppenheimer announced that it has significantly raised its price target for Coinbase stock from $200 to $276, approximately 10% higher than Coinbase's closing price of $251.58 on Wednesday, while reiterating its buy rating.Oppenheimer stated that the continued adoption of digital assets and blockchain technology could help Coinbase maintain its position as a major beneficiary in the cryptocurrency space in the long term.

ChainCatcher news, ARK Invest, led by Cathie Wood, reduced its holdings by 7,040 shares of Coinbase stock on April 1, amounting to approximately $1.775 million.In addition, it also reduced its holdings by 502,535 shares of Robinhood stock, amounting to approximately $12.884 million.

ChainCatcher news, ARK Invest led by Cathie Wood reduced its holdings of Coinbase shares by a total of 15,693 shares on March 28, amounting to approximately 4.16 million dollars.

ChainCatcher news, according to The Block, Cathie Wood participated in an "Ask Me Anything" session on the social platform Reddit on Thursday, where a user inquired about Ark Invest's reasons for "selling" Coinbase stock. Wood responded, "We did not sell. That’s the meaning of active management."Wood stated, "Since spring 2023, Coinbase has increased by about 9 times, and it has exceeded 10% of the portfolio. We are just taking profits. It is still our largest position, and we are redeploying those profits into stocks that are similarly affected by very short-term news, like Tesla, many of which are in the life sciences sector."

ChainCatcher news, according to Ark Invest Daily data, ARK Invest sold a total of 74,291 shares of Coinbase (COIN) yesterday, amounting to approximately $20.77 million; and sold 1,651,251 shares of Robinhood (HOOD), amounting to approximately $31.50 million.

ChainCatcher news, according to The Block, Ark Invest, led by Cathie Wood, sold 270,365 shares of Coinbase stock on Monday, worth approximately $68.7 million. This sale involved three exchange-traded funds (ETFs) under Ark Invest, including the Innovation ETF which sold 171,154 shares ($43.5 million), the Next Generation Internet ETF which sold 23,330 shares ($5.9 million), and the Fintech Innovation ETF which sold 75,881 shares ($1.93 million). This is the largest single-day sale by Ark Invest, continuing to adjust its fund allocations after selling $150 million worth of Coinbase stock last week.It is reported that Coinbase's stock price has risen 10% over the past week, reaching its highest level since December 2021, although the stock price is still 26% lower than the all-time high of $342.98 reached in November 2021.