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- 📢 #Gate Square Writing Contest Phase 3# is officially kicks off!
🎮 This round focuses on: Yooldo Games (ESPORTS)
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- 🎊 ETH Deposit & Trading Carnival Kicks Off!
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- 🧠 #GateGiveaway# - Crypto Math Challenge！
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Ark Invest takes profit on Coinbase and Robinhood stocks as Bitcoin hits a peak
Ark Invest of Cathie Wood sold $6.5 million worth of Coinbase shares and $5.8 million worth of Robinhood shares on Thursday, as both stocks surged strongly thanks to the record rise of Bitcoin.
Specifically, the ARK Innovation ETF (ARKK) sold 16,627 shares of Coinbase and 58,504 shares of Robinhood, along with 24,780 shares of Block Inc. ( worth about 1.7 million USD). Coinbase shares closed up 4% at $388.96, Robinhood up 4.4% at $98.70, while Block Inc. was nearly flat at $68.76.
The profit-taking move comes as Bitcoin surpasses its historical peak, reaching $118,080 on Friday morning (+6.4%), while Ethereum rises 8.5% to $3,011.
Coinbase has just announced a partnership with AI startup Perplexity to launch a real-time crypto data service. Meanwhile, Robinhood is in negotiations with European authorities regarding plans to issue tokenized shares on the blockchain. In the US, the Florida Attorney General's office is investigating Robinhood Crypto for allegedly misleading advertising about transaction costs.