Ark Invest Shifts Strategy: Dumps Coinbase, Doubles Down on Ethereum & Tesla
Ark Invest just made a power move—slashing its Coinbase stake while loading up on Ethereum and Tesla. Is this the ultimate crypto pivot or just another Wall Street gamble?
Ethereum's surge and Tesla's AI bets seem to have caught Cathie Wood's eye. Meanwhile, Coinbase gets the cold shoulder—proving even crypto darlings aren't safe when institutional investors reshuffle.
One thing's clear: when ARK sneezes, the market catches FOMO. But let's be real—this could either be genius portfolio rebalancing or another 'innovative' way to underperform the S&P 500.
