ARK 在加密货币反弹中抛售 Coinbase 股票

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

ARK 的 Coinbase 发售：反弹中的一次深思熟虑的举动？

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 抛售了其 Coinbase Global Inc.（纳斯达克股票代码：COIN）的大部分股票，引发了对该公司战略的质疑。此次出售正值 Coinbase 股价大幅上涨，已飙升至 270 美元。

ARK's Recent Coinbase Divestments

ARK 最近的 Coinbase 撤资

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 从其交易所交易基金（ETF）中出售了 199,526 股 Coinbase 股票。此前，3 月 11 日出售了 270,365 股。值得注意的是，该公司 2024 年最大的 Coinbase 股票出售发生在 2 月 16 日，当时出售了 499,149 股。

Motive Behind the Sales

销售背后的动机

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.

虽然 ARK 尚未公开披露近期 Coinbase 抛售的理由，但分析师推测这可能与该股近期的上涨有关。 Coinbase 的股价在过去一年中上涨了 240% 以上，自 2024 年初以来上涨了 67%。

ARK's Changing Portfolio

ARK 不断变化的产品组合

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 年期间一直在积极调整其投资组合，包括减少对 Coinbase 的投资。尽管 ARK 在 2021 年上市后成为 Coinbase 股票的重要买家，但已逐渐减持。

Other Crypto Firm Sales

其他加密货币公司销售

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 还一直在出售由 Twitter 联合创始人 Jack Dorsey 创立的金融科技公司 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

遵守规则 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 股票可能受到规则 12d3-1 的影响，该规则限制 ETF 持有超过 5% 的资产为来自某些实体的证券。一段时间以来，ARK 一直在根据这一规则调整其销售。

Analysts' Perspective

分析师的观点

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.

分析师认为，鉴于 ARK 近期股价飙升，出售 Coinbase 是一个谨慎之举。然而，他们警告说，该公司的整体投资策略仍不清楚。 ARK未来的撤资计划及其对其投资组合的潜在影响受到投资者的密切关注。

Conclusion

结论

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 出售凸显了该公司积极的投资组合管理方法。尽管销售背后的动机仍不确定，但分析师推测这可能与该股近期的上涨有关。 ARK 持续的投资组合调整和对监管要求的遵守继续影响着其投资策略。