ARK 5.2 ماہ کی بلند ترین سطح پر Coinbase اسٹاک میں $18M آف لوڈ کرتا ہے۔

ARK 5.2 ماہ کی بلند ترین سطح پر Coinbase اسٹاک میں $18M آف لوڈ کرتا ہے۔

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 نومبر کو، ARK نے اپنے ARK Fintech Innovation ETF سے Coinbase کے 43,956 حصص فروخت کیے، Cointelegraph کے ذریعے دیکھے گئے تجارتی نوٹیفکیشن کے مطابق۔ Coinbase اسٹاک فروخت کے وقت $119.7 فی حصص تک پہنچ گیا، جس سے ٹرانزیکشن کو $5.3 ملین کی قیمت ملتی ہے، TradingView کے اعداد و شمار سے پتہ چلتا ہے۔

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

According to data from TradingView, Coinbase stock is up 168% over the past year, surging more than 220% since January 2023. The stock is still down about 70% from its all-time high of $319 posted in September 2021, or a few months after its trading launch in April 2021.

ARK offloads $5.2M in Coinbase stock amid 18-month high PlatoBlockchain Data Intelligence. Vertical Search. Ai.
گزشتہ سال کے دوران سکے بیس قیمت کا چارٹ۔ ماخذ: TradingView

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

ARK was also actively selling Coinbase shares in July 2023 when the stock was trading around $90. According to ARK’s trading data, the firm off-loaded more than $103 million in Coinbase shares in July.

ARK 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 ایک مہینے میں.

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 (BTC) or making room for its upcoming spot Bitcoin ETF, the ARK Invest and 21Shares. “Neither is true,” Balchunas لکھا ہے 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.

متعلقہ: بائننس چارجز ثابت کرتے ہیں کہ 'قواعد پر عمل کرنا' درست فیصلہ تھا - Coinbase کے CEO

"چونکہ اگست کے بعد سے GBTC 76% بڑھ گیا ہے ARK کو 9%-ish وزن رکھنے کے لیے بہت سے حصص بیچنے پڑے ہیں۔ اور یہاں تک کہ اس فروخت کے ساتھ، اس کا وزن بڑھ گیا ہے،" ETF تجزیہ کار نے نوٹ کیا۔

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, کے مطابق to TradingView. ARK has also been accumulating shares of the crypto-friendly investment app Robinhood, buying $1.1 million worth of the stock نومبر پر 8.

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سے زیادہ Cointelegraph