ARK Invest puts $21 million in 3iQ Ether ETF after major Coinbase stock sale
1 min read
On August 1, 2024, Cathie Wood’s ARK Invest executed a substantial $21 million purchase of the 3iQ Ether Staking ETF (ETHQ.U), while simultaneously offloading $14.6 million worth of Coinbase (Nasdaq: COIN). These transactions signal a strategic realignment in ARK’s crypto-related investments. The purchase of 1.7 million shares of the 3iQ Ether Staking ETF, worth $21
Source: Invezz
