Cathie Wood

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

Proposed product would invest in the public, privately placed or restricted securities of companies involved in “disruptive innovation,” including blockchain companies and bitcoin

Planned product comes less than a week before SEC set to make rulings on similar planned offerings.

Fund group’s $21B portfolio allocates 5% of its assets to the crypto exchange.

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.