Ark Invest, which once labeled Coinbase as an attractive long-term play, sold the exchange’s shares from three of its ETFs
Insiders at major companies such as Coinbase and MicroStrategy seem eager to capitalize on a potential crypto rebound
Planned product comes less than a week before SEC set to make rulings on similar planned offerings.
Ark Invest is the largest holder of Grayscale’s Ethereum Trust.
There are no guidelines set by the SEC regulating what funds can be labeled ESG, meaning issuers can select any holdings, and investors looking to do good should check under the hood.