Ark Invest swaps Coinbase, Robinhood stakes for major $175M Ethereum play with BitMine Immersion

Cathie Wood’s Ark Invest has shifted its crypto-focused investment strategy, reducing its holdings in Coinbase, Robinhood, and Block in favor of BitMine Immersion, an Ethereum-focused treasur...

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Ark Invest swaps Coinbase, Robinhood stakes for major $175M Ethereum play with BitMine Immersion

Source: CryptoSlate

Cathie Wood’s Ark Invest has shifted its crypto-focused investment strategy, reducing its holdings in Coinbase, Robinhood, and Block in favor of BitMine Immersion, an Ethereum-focused treasury firm. According to Ark’s July 21 trading disclosures, the firm added 4.4 million BitMine Immersion (BMNR) shares to three of its actively managed exchange-traded funds (ETFs). This marks a notable strategic […]

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