BlockBeats News, February 6th, Ark Invest, led by Cathie Wood, adjusted its cryptocurrency-related stock holdings on Thursday, purchasing approximately $17.8 million worth of Bullish stock and selling about $17.4 million worth of Coinbase stock.
Transaction disclosures showed that Ark Invest acquired a total of 716,030 shares of Bullish stock across its three exchange-traded funds. On the same day, it sold 119,236 shares of Coinbase stock. With cryptocurrency-related stocks generally falling that day, Bullish’s stock price dropped 8.5% to $24.90, and Coinbase fell 13.3% to $146.12. Their monthly declines expanded to 39.6% and 41.7%, respectively.
