ARK 在加密貨幣反彈中拋售 Coinbase 股票

ARK's Coinbase Sale: A Calculated Move Amidst a Rally?

ARK 的 Coinbase 發售：反彈中的一次深思熟慮的舉動？

In a recent move, ARK Invest has unloaded a substantial portion of its Coinbase Global Inc. (NASDAQ: COIN) shares, raising questions about the firm's strategy. The sale comes amidst a remarkable rally in Coinbase's stock price, which has soared to $270.

最近，ARK Invest 拋售了其 Coinbase Global Inc.（納斯達克股票代碼：COIN）的大部分股票，引發了對該公司策略的質疑。此次出售正值 Coinbase 股價大幅上漲，已飆升至 270 美元。

ARK's Recent Coinbase Divestments

ARK 最近的 Coinbase 撤資

On March 21, ARK offloaded 199,526 Coinbase shares from its exchange-traded funds (ETFs). This followed an earlier sale of 270,365 shares on March 11. Notably, the firm's largest sale of Coinbase shares in 2024 occurred on February 16, when it sold 499,149 shares.

3 月 21 日，ARK 從其交易所交易基金（ETF）出售了 199,526 股 Coinbase 股票。此前，3 月 11 日出售了 270,365 股。值得注意的是，該公司 2024 年最大的 Coinbase 股票出售發生在 2 月 16 日，當時出售了 499,149 股。

Motive Behind the Sales

銷售背後的動機

While ARK has not publicly disclosed its rationale for the recent Coinbase sales, analysts speculate that it may be related to the stock's recent rally. Coinbase's shares have gained over 240% in the past year and 67% since the start of 2024.

雖然 ARK 尚未公開披露近期 Coinbase 拋售的理由，但分析師推測這可能與該股近期的上漲有關。 Coinbase 的股價在過去一年中上漲了 240% 以上，自 2024 年初以來上漲了 67%。

ARK's Changing Portfolio

ARK 不斷變化的產品組合

ARK Invest has been actively adjusting its portfolio throughout 2023 and 2024, including reducing its exposure to Coinbase. Despite being a significant buyer of Coinbase shares after its 2021 listing, ARK has gradually reduced its holdings.

ARK Invest 在 2023 年和 2024 年期間一直在積極調整其投資組合，包括減少對 Coinbase 的投資。儘管 ARK 在 2021 年上市後成為 Coinbase 股票的重要買家，但已逐漸減持。

Other Crypto Firm Sales

其他加密貨幣公司銷售

Beyond Coinbase, ARK has also been selling shares of Block, a fintech company founded by Twitter co-founder Jack Dorsey. On March 21, ARK sold 188,519 Block shares, adding to a previous sale of 583,563 Robinhood shares.

除了 Coinbase 之外，ARK 也一直在出售由 Twitter 聯合創始人 Jack Dorsey 創立的金融科技公司 Block 的股票。 3 月 21 日，ARK 出售了 188,519 股 Block 股票，此前出售了 583,563 股 Robinhood 股票。

Compliance with Rule 12d3-1

遵守規則 12d3-1

ARK's sale of Robinhood shares may have been influenced by Rule 12d3-1, which restricts ETFs from holding more than 5% of their assets in securities from certain entities. ARK has been aligning its sales with this rule for some time.

ARK 出售 Robinhood 股票可能受到規則 12d3-1 的影響，該規則限制 ETF 持有超過 5% 的資產為來自某些實體的證券。一段時間以來，ARK 一直在根據這項規則調整其銷售。

Analysts' Perspective

分析師的觀點

Analysts believe that ARK's Coinbase sales are a prudent move, given the stock's recent surge. However, they caution that the firm's overall investment strategy remains unclear. ARK's future divestment plans and the potential impact on its portfolio are closely watched by investors.

分析師認為，鑑於 ARK 近期股價飆升，出售 Coinbase 是一個謹慎之舉。然而，他們警告說，該公司的整體投資策略仍不清楚。 ARK未來的撤資計畫及其對其投資組合的潛在影響受到投資者的密切關注。

Conclusion

結論

ARK Invest's recent Coinbase sale highlights the firm's active portfolio management approach. While the motive behind the sales remains uncertain, analysts speculate that it may be related to the stock's recent rally. ARK's ongoing portfolio adjustments and compliance with regulatory requirements continue to shape its investment strategy.

ARK Invest 最近的 Coinbase 出售凸顯了該公司積極的投資組合管理方法。儘管銷售背後的動機仍不確定，但分析師推測這可能與該股近期的上漲有關。 ARK 持續的投資組合調整和對監管要求的遵守繼續影響其投資策略。