Close Menu
Cryprovideos
    What's Hot

    Whale Switch Sends Billions of SHIB to Coinbase—What’s Going On? – BlockNews

    June 7, 2025

    Bitcoin at Danger of Deeper Pullback as Momentum Stalls, Analyst Says

    June 7, 2025

    Free Giveaway Immediately – Sweepstakes for Holidays on JemLit

    June 7, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Crypto News»Ark Make investments Dumps $3.9 Million In Coinbase Shares Amid 10% Worth Drop And Fed Fee Reduce Warning
    Ark Make investments Dumps .9 Million In Coinbase Shares Amid 10% Worth Drop And Fed Fee Reduce Warning
    Crypto News

    Ark Make investments Dumps $3.9 Million In Coinbase Shares Amid 10% Worth Drop And Fed Fee Reduce Warning

    By Crypto EditorDecember 20, 2024No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Be a part of Our Telegram channel to remain updated on breaking information protection

    Ark Make investments dumped Coinbase (COIN) shares value about $3.9 million from its Fintech Innovation exchange-traded fund (ARKF) on Dec. 18 amid a ten% drop within the alternate’s share worth and after Chair Jerome Powell stunned markets when he stated the Fed may have a cautious stance on price cuts going ahead.

    The sale by ARK Make investments marks one of many greatest by the funding agency because it offered $2.8 million value of COIN on Sept. 23.

    COIN Is ARKF’s Second-Largest Holding

    Current disclosures by the Cathie Wooden-led funding agency exhibits that COIN is ARKF’s greatest holding, with the fund’s COIN weighting standing at 9.9% as of Dec. 18.  In the meantime, its greatest holding is in Shopify. 

    Cathie Wooden and Ark Make investments’s commerce exercise from 12/18 pic.twitter.com/mOgWS9zzPp

    — Ark Make investments Every day (@ArkkDaily) December 19, 2024

    A part of ARK Make investments’s technique is to not have greater than 10% of a portfolio uncovered to a single inventory as a way to preserve diversification. Whereas the latest sale may simply be a rebalancing of ARKF’s weightings, the transfer comes shortly after Powell introduced a 0.25% rate of interest reduce.

    Rate of interest cuts are normally constructive for dangerous belongings courses resembling crypto, however yesterday’s reduce got here with bearish remarks from Powell that stunned markets.

    The Federal Reserve chair stated the central financial institution will preserve a cautious stance on future price cuts and added that there’ll in all probability be solely 2 subsequent yr. This prompted crypto costs and crypto shares to plummet.

    COIN itself plunged greater than 10%, in line with Google Finance knowledge.

    Ark Make investments ARKF ETF Up Extra Than 53% 12 months-To-Date

    ARKF is presently up greater than 53% over the previous yr, in line with the fund’s official web page. Since its inception, the fund has gained over 7%.  

    Different notable holdings in ARKF embrace a 6.14% weighting in Block Inc, a 5.21% weighting in direction of Robinhood in addition to 4.52% and three.57% allocations to SoFi Applied sciences and Roblox Corp., respectively.

    Associated Articles:

    Latest Meme Coin ICO – Wall Road Pepe

    Wall Street PepeArk Make investments Dumps .9 Million In Coinbase Shares Amid 10% Worth Drop And Fed Fee Reduce Warning

    • Audited By Coinsult
    • Early Entry Presale Spherical
    • Non-public Buying and selling Alpha For $WEPE Military
    • Staking Pool – Excessive Dynamic APY

    Wall Street PepeArk Make investments Dumps .9 Million In Coinbase Shares Amid 10% Worth Drop And Fed Fee Reduce Warning


    Be a part of Our Telegram channel to remain updated on breaking information protection





    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Whale Switch Sends Billions of SHIB to Coinbase—What’s Going On? – BlockNews

    June 7, 2025

    X and Polymarket associate as much as deliver decentralized prediction markets to social media

    June 7, 2025

    AB Launches on Binance | UseTheBitcoin

    June 7, 2025

    Binance Exec Tigran Gambaryan Leaves Agency, Months After Nigerian Hostage Disaster – Decrypt

    June 7, 2025
    Latest Posts

    Bitcoin at Danger of Deeper Pullback as Momentum Stalls, Analyst Says

    June 7, 2025

    Bitcoin Repeating 2024 Rally? Analysts Eye ‘Actual Breakout’ To $120,000

    June 7, 2025

    Extensively Adopted Analyst Outlines Bullish Path for Bitcoin, Says BTC Will Battle Gold and ‘By no means Look Again’ – The Day by day Hodl

    June 7, 2025

    Crypto Suffers $1 Billion Flush As Musk-Trump Feud Shakes Bitcoin

    June 7, 2025

    Bitcoin MVRV Ratio Kinds Bear Cross—Brace For Affect?

    June 7, 2025

    Public Keys: Gemini Twinning Circle, Technique's 'Most popular' Bitcoin Play – Decrypt

    June 7, 2025

    Bitcoin ATM Operator CoinFlip Targets $1B Sale as Market Shifts

    June 7, 2025

    Bitcoin Recovers From $100K Dip Whereas On-Chain Knowledge Exhibits Rising Miner Exercise

    June 7, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Backpack Goals to Lead E.U.’s Regulated Crypto Derivatives Market with Upcoming Launch

    January 7, 2025

    Donald Trump Appoints David Sacks as White Home Crypto Czar 

    December 6, 2024

    DC Crypto Coverage Developments: Twister Money and SEC Bulletin Updates

    February 1, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.