Coinbase shares drove the performance of ARK ETFs during the previous week.

1 report, 0 independent Updated Jun 24

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What happened

SpeculativeNo independent reporting found

Who's involved

What this event is mainly about

Cathie Wood Coinbase

Keep exploring

Part of

Ark Invest made specific moves regarding its holdings in companies like Tesla and Coinbase, while President Trump was reportedly exploring incentives for tech companies founded by Elon Musk.

Also in this story

Ark allocated nearly 15% of its portfolio to Tesla and benchmarked the performance against the S&P 500.Aug 25

All 4 developments

The entities involved

Cathie Wood
American investor and businesswoman; CEO of Ark Invest
- Cathie Wood trimmed her Bitcoin price target as analysts linked a Binance hack to North Korea amid rate cut-driven market highs.Fri 18:35
Coinbase
American company that operates a cryptocurrency exchange platform
- Crypto market uncertainty is challenging recovery theses while the AI market leverages full-stack capabilities.15:30
- Morgan Stanley downgraded Coinbase stock rating, citing potential earnings impact from the Binance hack.15:27

Coverage

Newest first; wire copies grouped

Jun 24Unknown outlet