Posted 12/13/2023, 4:22:59 AM
Ark Invest Sells $11M in Coinbase While Buying Toast and Biotech Amid Crypto Slump
- Ark Invest sold over $11M worth of Coinbase shares as crypto prices fall
- Sale comes amid Ark reducing exposure to crypto-related assets like Grayscale Bitcoin Trust
- Ark bought more shares in Toast, CRISPR Therapeutics, Adaptive Biotechnologies, 10X Genomics
- Purchases showcase Ark's interest in fintech, biotech, and innovative medical technologies
- Trades highlight Ark's adaptive strategy in shifting market conditions