ARK Invest je sredi 5.2-mesečnega vrha prodal še 18 milijona dolarjev delnic Coinbase

ARK Invest, one of the companies that filed an application for a spot Bitcoin exchange-traded fund (ETF), is again taking profits on its Coinbase shares as the stock price surges.

27. novembra je ARK prodal 43,956 delnic Coinbase iz svojega ARK Fintech Innovation ETF, glede na obvestilo o trgovanju, ki ga je videl Cointelegraph. Delnica Coinbase je v času prodaje dosegla 119.7 USD na delnico, kar pomeni vrednost transakcije 5.3 milijona USD, kažejo podatki TradingView.

Coinbase crypto exchange has seen its shares jump to an 18-month high after rival exchange Binance and its former CEO Changpeng Zhao pleaded guilty to money laundering and sanctions violations in the United States on Nov. 21, 2023.

Preberite tudi: Ark Invest kljub optimističnim napovedim zmanjšuje delež Bitcoin Trust Holdings

Po podatkih iz TradingView so se delnice Coinbase v preteklem letu povečale za 168 %, od januarja 220 pa za več kot 2023 %. Delnica je še vedno nižja za približno 70 % od najvišje vrednosti 319 $ vseh časov, objavljene septembra 2021 ali nekaj let. mesecev po začetku trgovanja aprila 2021.

ARK Invest has been repeatedly selling Coinbase stocks throughout 2023. Cathie Wood’s investment firm previously offloaded 63,675 Coinbase shares in October from its ARK Next Generation Internet ETF (ARKW), totaling $5.1 million.

ARK je julija 2023 prav tako aktivno prodajal delnice Coinbase, ko se je delnica trgovala okoli 90 USD. Po podatkih o trgovanju ARK je podjetje julija odložilo več kot 103 milijone dolarjev delnic Coinbase.

ARK Invest has also been actively selling off Grayscale Bitcoin Trust (GBTC) stock. On Nov. 24, the ARKW dumped 94,624 GBTC shares for roughly $3 million after selling nearly 700,000 GBTC shares in one month.

According to Bloomberg’s ETF analyst Eric Balchunas, ARK’s sales of GTBC are not an indication that the firm is not bullish on Bitcoin or making room for its upcoming spot Bitcoin ETF, the ARK Invest and 21Shares. 

“Neither is true,” Balchunas wrote on X (formerly Twitter) on Nov. 27, referring to his previous observations that ARK was likely selling winners and vice-versa to maintain desired weightings.

Just saw another article on how ARK is selling GBTC and how that means they aren’t really bullish btc and/or they making room for ARKB. Neither is true. With ARK you gotta look at weightings history bf you begin your interpretation. FYI https://t.co/GJL6RWKvK2

- Eric Balchunas (@EricBalchunas) November 27, 2023

»Ker se je GBTC od avgusta povečal za 76 %, mora ARK prodati veliko delnic, da ohrani 9-odstotno utež. In tudi s to prodajo se je njegova teža povečala,« je opozoril analitik ETF.

Preberite tudi: Cathie Wood’s ARK Sold $6M of Grayscale Bitcoin Trust Shares Amid Rally

While selling Coinbase and GBTC, ARK has concurrently been bagging some crypto-related stocks. On Nov. 27, ARKF acquired 252,421 shares of the crypto-friendly banking app SoFi. 

Year to date, ARK bought a total of 1.6 million SoFi shares, worth $11 million at today’s prices, po to TradingView. ARK has also been accumulating shares of the crypto-friendly investment app Robinhood, buying $1.1 million worth of the stock on Nov. 8.