Cathie Wood is making a move.
According to Cointelegraph, ARK Invest, led by Cathie Wood, bought approximately $17 million worth of Coinbase and Circle shares.
One is an exchange and the other a stablecoin issuer. Both are popular picks among traditional investors looking at the crypto industry. Institutions have their own considerations regarding positions and risk tolerance, so this kind of information is useful for understanding market trends but shouldn’t be blindly copied.
The above does not constitute investment advice. Please be aware of the risks.
#ARK #Coinbase #Circle
According to Cointelegraph, ARK Invest, led by Cathie Wood, bought approximately $17 million worth of Coinbase and Circle shares.
One is an exchange and the other a stablecoin issuer. Both are popular picks among traditional investors looking at the crypto industry. Institutions have their own considerations regarding positions and risk tolerance, so this kind of information is useful for understanding market trends but shouldn’t be blindly copied.
The above does not constitute investment advice. Please be aware of the risks.
#ARK #Coinbase #Circle