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3rdeyeofcrypto szn soon đź đž
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$BTC going as per our plan !
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Gm bears đđ»
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$BTC entered a short yesterday, but funding was negative, so I closed it with a 0.5% loss. RN I think the price might go up to the 61k area to grab that liquidity. Let's see how the market goes. Tomorrow is Saturday, (the last weekends of summer) No sleep szn soon.
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Ark Invest Purchases $8.4M Worth of Coinbase Shares Following Market Dip Ark Invest, led by Cathie Wood, has seized the opportunity to buy 53,708 shares of Coinbase ($COIN) worth $8.4 million, following a dip in the crypto market triggered by a recent U.S. presidential debate. This strategic purchase, executed across three of its exchange-traded funds (ETFs), reflects Ark's approach to capitalize on market volatility. The bulk of the acquisition, totaling $6 million, was allocated to Arkâs flagship Innovation ETF (ARKK), with smaller amounts directed to the Next Generation Internet ETF (ARKW) and the Fintech Innovation ETF (ARKF). The purchase aligns with Ark's strategy to prevent any single holding from exceeding 10% of its portfolio. As a result, Coinbase has become the fourth-largest holding in Ark's Innovation ETF. The move follows a prior acquisition of $21.8 million worth of Coinbase shares in August and underscores Ark's ongoing commitment to strategic rebalancing amid market fluctuations. 4o mini
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