Ark Invest Sells $77M Of Ark 21Shares Bitcoin ETF To Buy Tesla Stocks

Quick Summary:

Per recent market data, the firm heavily bagged Tesla (TSLA) stocks, whereas it sold a whopping $77 million worth of Ark 21Shares Bitcoin ETF (ARKB).

Cathie Wood-led investment management firm Ark Invest has once again made global headlines with its trade strategies.

The firm’s purchases included 392,670 of 10x Genomics shares (TXG), 148,031 of Oklo shares (OKLO), and 208,592 of Teladoc Health Inc, among many others.

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Article Details

Category: Crypto

Markets: India

Topics: Tesla (TSLA) Bitcoin ETF 24/7 Cryptocurrency News Bitcoin Cathie Wood's Ark Invest Ark Invest

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-25 @ 14:37:09 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 361 words

Reading Time: 3 minutes read

Sentences: 33 lines

Sentence Length: 11 words per sentence (average)

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Copyright Owner: © CoinGape

News ID: 21773817

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