Cathie Wood Says Ark Sold Some Coinbase Due to Uncertainty on SEC Probe

Cathie Wood Says Ark Sold Some Coinbase Due to Uncertainty on SEC Probe

“BlackRock’s decision to partner with Coinbase is a strong signal that institutions consider crypto – starting with bitcoin [BTC] – a new asset class. We agree that bitcoin has earned an allocation into well diversified portfolios,” Ark analyst Yassine Elmandjra said in a note.

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