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ARK Invest's Cathie Wood bought 297,000 shares of Coinbase for approximately $11.9 million and 75,000 shares of $TSLA for $11.7 million

ARK Invest now holds 5.7 million $COIN shares

#ElonMusk #TSLA #Twitter

Elon Musk says the Federal Reserve's recent rate hikes "might go down in history as most damaging ever."

#recession #ratehikes #Fed #TSLA

Elon Musk sold $3.38 billion in #TSLA shares.

#TSLA
#cryptocurrecny
Cathie Wood’s Ark Invest Sells Coinbase & Robinhood Shares, Buys Tesla

On the first day of spot Bitcoin ETF trading, Cathie Wood’s Ark Invest sold a total of 31,281 Coinbase shares worth over $4.5 million, as per trades seen by CoinGape.
ARK Innovation ETF (ARKK) sold 26,301 Coinbase shares and ARK Next Generation Internet ETF (ARKW) offloaded 4,980 COIN shares.

The recent Coinbase selloff spree went in favor of Ark Invest as COIN price fell 17% this week as spot Bitcoin ETF comes about as a “sell the news” event. Coinbase stock price closed 7.35% lower at $130.78 on Friday.
In addition, ARK funds offloaded 366,406 Robinhood Markets (HOOD) shares worth over $4 million in the last two days. ARK Innovation ETF (ARKK) sold 342,519 HOOD shares and ARK Next Generation Internet ETF (ARKW) offloaded 23,887 HOOD shares.

HOOD price closed 5.89% lower at $11.02 on Friday. Robinhood Markets stock price tumbled 7.86% this week amid selloffs due to spot Bitcoin ETFs.

Cathie Wood Turns To Tesla
While Ark Invest funds continued to offload crypto shares amid spot Bitcoin ETF trades, they purchased a total of 224,277 Tesla (TSLA) shares worth nearly $50 million in the last 2 days. Cathie Wood started buying Tesla shares again in December after selling them for months.
ARK Innovation ETF (ARKK) bought 188,387 Tesla shares and ARK Next Generation Internet ETF (ARKW) purchased 35,890 TSLA shares.

TSLA price closed at $218.89 on Friday, down 3.67%. Elon Musk’s Tesla stock price dropped 7.32% this week.

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JUST IN: Tesla #TSLA reveals none of their $435,000,000 #Bitcoin     was sold in Q4 2023
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Discover Tesla’s latest market trends, financial projections, and TSLA stock’s future potential from our Tesla stock price prediction 2025.

#TSLA  #Tesla  #Stocks  #Market  #trading

https://blockchainreporter.net/tesla-stock-price-prediction-2025-will-tsla-price-gain-its-old-glory/

Tesla (TSLA) did not buy or sell any bitcoin in the first quarter of 2023.

#TSLA #crypto2023 #BTC

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