TechFlow, April 8 — According to Cointelegraph, ARK Invest, the investment firm led by Cathie Wood, adjusted its portfolio following Trump's announcement of new trade tariffs. Data shows that the company has purchased $26.6 million worth of Coinbase (COIN) shares since April 2, including $13.2 million on April 7 and $13.3 million on April 4.
Meanwhile, ARK sold $12 million worth of ARK 21Shares Bitcoin ETF (ARKB) on April 7, marking one of the largest single-day sell-offs of ARKB by the firm.
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