Why Cathie Wood sold Coinbase shares at the BOTTOM

On July 26th, Cathie Wood sold more than 1.4 million Coinbase shares at the very bottom of the market. This atrocity would have a devastating impact on her portfolio, resulting in nearly an 80 percent lost since the IPO. Coinbase as well as the entire crypto ecosystem are facing many regulations unjustified. Recently, the U.S. Securities and Exchange Commission formerly known as SEC Allegedly charged a Coinbase employee for speculative investment. The ramification got only worse when the SEC does not want to corporate after Coinbase filed a petition to regulate their digital asset. The SEC curated that cryptocurrency is not classified as a digital asset but rather a security. This tension would soon escalate. Do you agree or disagree with Cathie Wood decision or do you believe the SEC is reluctant because after all...

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