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Did you know that Ark Invest is moving according to the trend?
Observing the current panorama, where there is nothing left to finish the year 2023 and start 2024, the news becomes positive for the crypto sector since we could have the possible approval of the first #ETF spot of #Bitcoin and the subsequent #Halving of Bitcoin. Thus, Ark Invest, by Cathie Wood, has been preparing for what may come. What decisions is it making? Let's explore.
Ark Invest throughout this year has been buying and selling shares for its portfolio, it is striking that they have been shares related to the crypto sector. As an example of this, this year when the Binance and “COIN” events sued by #SEC occurred, Ark Invest bought a good amount of COIN shares, taking advantage of the fear and the price drop on June 6. In "Chart 1" we can observe the behavior of the price of COIN.
Ark Invest throughout this year has been buying and selling shares for its portfolio, it is striking that they have been shares related to the crypto sector. As an example of this, this year when the Binance and “COIN” events sued by #SEC occurred, Ark Invest bought a good amount of COIN shares, taking advantage of the fear and the price drop on June 6. In "Chart 1" we can observe the behavior of the price of COIN.
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