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Benzinga
Benzinga
Business
Shivdeep Dhaliwal

Cathie Wood's Ethereum Double-Down: Ark Bets $7.9 Million On ETH-Staking ETF Buy While Selling Coinbase At Highs

Cathie Wood ARK COIN Coinbase GH ETF Nvidia Tem Ethereum Tempus AI
Russia,Moscow,24.06.2021,Logo,Of,Financial,Investing,Fund,Ark,Invest

On Wednesday, Cathie Wood-led Ark Invest executed significant trades, including substantial purchases in Tempus AI Inc. (NASDAQ:TEM), NVIDIA Corp. (NASDAQ:NVDA), 3iQ Ether Staking ETF (ETHQ.U) and Coinbase Global Inc. (NASDAQ:COIN).

The Tempus AI Trade saw ARK Genomic Revolution ETF (BATS:ARKG) and ARK Innovation ETF (BATS:ARKK) funds acquiring a total of 158,051 shares of the health technology company. This move comes on the heels of Tempus AI’s announcement of receiving 510(k) clearance from the Food and Drug Administration for its ECG-Low EF software, which utilizes AI to detect potential left ventricular ejection fraction issues.

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