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Ark Invest Makes $12M Coinbase Exit—Doubles Down on ETH via Treasury Firm Bitmine

Ark Invest Makes $12M Coinbase Exit—Doubles Down on ETH via Treasury Firm Bitmine

Author:
CoindeskEN
Published:
2025-07-25 04:41:30
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Ark Invest Dumps $12M Coinbase Shares After Loading Up on Ether 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.

|Square

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