ARK Invest 在市场反弹之际减持 Coinbase 头寸

Is ARK Invest Trimming Its Coinbase Holdings Amidst Market Rebound?

ARK Invest 是否会在市场反弹之际削减其 Coinbase 持仓？

ARK Invest, a prominent issuer of spot Bitcoin ETFs, has been lightening its position in Coinbase as the stock's price ascends past $270. According to a trade notification obtained by Cointelegraph, ARK disposed of 199,526 Coinbase shares from its ETFs on March 21.

ARK Invest 是现货比特币 ETF 的知名发行商，随着 Coinbase 股价升至 270 美元以上，该公司一直在减持其在 Coinbase 的持仓。根据 Cointelegraph 获得的交易通知，ARK 于 3 月 21 日从其 ETF 中处置了 199,526 股 Coinbase 股票。

What's Driving ARK's Sale of Coinbase Shares?

是什么推动了 ARK 出售 Coinbase 股票？

ARK's latest Coinbase sale is part of a broader trend of divestment in the cryptocurrency exchange. The firm has been actively selling Coinbase shares since its market debut in 2021. On March 21, ARK sold 133,533 shares from the ARK Innovation ETF (ARKK), worth approximately $35 million based on Coinbase's closing price of $262.

ARK 最新的 Coinbase 出售是加密货币交易所更广泛的撤资趋势的一部分。自 2021 年上市以来，该公司一直在积极出售 Coinbase 股票。3 月 21 日，ARK 出售了 ARK Innovation ETF (ARKK) 的 133,533 股股票，根据 Coinbase 262 美元的收盘价计算，价值约 3500 万美元。

How Does This Sale Compare to ARK's Previous Transactions?

此次出售与 ARK 之前的交易相比如何？

This recent sale is one of ARK's largest Coinbase transactions so far in 2024. The previous significant sale occurred on March 11, when ARK sold 270,365 Coinbase shares. Notably, on February 16, ARK made its most substantial Coinbase sale of the year, offloading 499,149 COIN shares from its three ETFs.

最近的这次出售是 ARK 2024 年迄今为止最大的 Coinbase 交易之一。上一次重大出售发生在 3 月 11 日，当时 ARK 出售了 270,365 股 Coinbase 股票。值得注意的是，2 月 16 日，ARK 进行了今年最大规模的 Coinbase 出售，从其三个 ETF 中出售了 499,149 股 COIN 股票。

Why is Coinbase Stock Rising?

为什么Coinbase股票上涨？

The sale coincides with a period of sustained growth for Coinbase stock, which has surged above $270 for the first time since December 2021. According to TradingView, Coinbase briefly topped $276 on March 21. This rally follows a six-month period in which Coinbase shares have appreciated by nearly 250%.

此次出售恰逢 Coinbase 股票持续增长的时期，该股票自 2021 年 12 月以来首次飙升至 270 美元以上。根据 TradingView 的数据，Coinbase 于 3 月 21 日短暂突破 276 美元。这次反弹是在 Coinbase 股票连续六个月上涨之后已升值近250%。

Is ARK Scaling Back Its Coinbase Exposure?

ARK 是否正在缩减其 Coinbase 风险敞口？

ARK's consistent sale of Coinbase shares suggests a cautious approach towards the cryptocurrency exchange. The firm has been reducing its Coinbase holdings as the stock price has risen. This strategy may reflect ARK's belief that Coinbase is currently overvalued or that the cryptocurrency market is facing headwinds.

ARK 持续出售 Coinbase 股票表明其对加密货币交易所持谨慎态度。随着 Coinbase 股价上涨，该公司一直在减持其持仓。这一策略可能反映了 ARK 认为 Coinbase 目前被高估或加密货币市场面临逆风的信念。

What Other Holdings is ARK Trimming?

ARK Trimming 还持有哪些其他股份？

In addition to Coinbase, ARK has been selling shares of Block, a Bitcoin-focused fintech company founded by Jack Dorsey. On March 21, ARK sold 188,519 Block shares from its ARKK fund, netting $15.8 million.

除了 Coinbase 之外，ARK 还出售了 Block 的股票，Block 是一家由 Jack Dorsey 创立的专注于比特币的金融科技公司。 3 月 21 日，ARK 从其 ARKK 基金中出售了 188,519 股 Block 股票，净赚 1,580 万美元。

Is ARK Complying with Regulatory Constraints?

ARK 是否遵守监管限制？

ARK's sale of Robinhood shares is driven by compliance with Rule 12d3-1. This rule prohibits ETFs from acquiring more than 5% of the value of their total assets in securities by a registered investment adviser, broker, dealer, or underwriter. ARK has been gradually reducing its Robinhood holdings to comply with this regulation.

ARK 出售 Robinhood 股票是为了遵守规则 12d3-1。该规则禁止 ETF 由注册投资顾问、经纪人、交易商或承销商收购其总资产价值 5% 以上的证券。为了遵守这一规定，ARK 一直在逐步减持 Robinhood 的股份。

What's the Takeaway for Investors?

投资者的收获是什么？

ARK Invest's sale of Coinbase and Block shares signals a cautious approach to the cryptocurrency market. The firm's actions suggest that it believes Coinbase is currently overvalued and that the cryptocurrency sector may face challenges. Investors should consider ARK's divestment decisions when evaluating their own cryptocurrency investments.

ARK Invest 出售 Coinbase 和 Block 股票表明其对加密货币市场持谨慎态度。该公司的行动表明，它认为 Coinbase 目前估值过高，加密货币行业可能面临挑战。投资者在评估自己的加密货币投资时应考虑 ARK 的撤资决定。