Coinbase’s Stock at Crossroads as Cathie Wood’s Ark Sells a Portion

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Coinbase’s Stock at Crossroads as Cathie Wood’s Ark Sells a Portion

“As a stock, we believe Coinbase has enormous scarcity value as a one-of-a-kind, pure expression of the secular cryptocurrency trend,” she said, later

“As a stock, we believe Coinbase has enormous scarcity value as a one-of-a-kind, pure expression of the secular cryptocurrency trend,” she said, later adding that Coinbase is “not just any cryptocurrency company – Coinbase is the market leader among Western firms, with deep capabilities in cryptocurrency technology, superior regulatory expertise, and a strong brand it can hold its own even among mainstream digital wallets.”

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