Bold strategy: Cathie Wood swaps Bitcoin ETF for Coinbase shares after Trump tariff hike

ARK Invest manager Cathie Wood has sold $12 million worth of shares in the ARKB Bitcoin ETF. The move comes amid a drop in the price of BTC and changes in the macroeconomic scenario.

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Cathie Wood invests $26.6 million in Coinbase shares as she sells Bitcoin ETF. The purchase was split between the ARKW and ARKF funds.

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Experts point out that Cathie Wood's change of focus represents a bet on the infrastructure of the crypto market. Coinbase is one of the main exchanges in the US.

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