Ark Invest Makes $12M Coinbase Exit—Doubles Down on ETH via Treasury Firm Bitmine
Ark Invest just pulled a classic Wall Street pivot—dumping $12M in Coinbase shares while quietly loading up on Ethereum through Bitmine. The crypto hedge fund shuffle is in full swing.
Strategic shift or short-term play? Ark’s latest move raises eyebrows as institutional players reposition. Coinbase takes the hit while ETH gets the nod—proof that even billion-dollar portfolios chase momentum.
Wall Street’s crypto game remains as predictable as a leveraged long crying over margin calls. Meanwhile, the rest of us HODL.