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Ark Invest Offloads $43.8M in Coinbase Shares Amid Rally
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Ark Invest Offloads $43.8M in Coinbase Shares Amid Rally
Ark Invest sold $43.8 million in Coinbase shares as the stock hovered near its all-time high. The sale spanned across ARKK, ARKW, and ARKF ETFs as Coinbase surged over 40% in a month. Earlier, Ark offloaded $12.5M in Coinbase shares as optimism grew around U.S. crypto policy. Ark Invest has trimmed its position in Coinbase once again. On Monday, the firm sold 124,892 shares of the crypto exchange. The total value of the sale was approximately $4…
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