Cathie Wood's ARK Invest Cashes In on Coinbase, Sells 135K Shares as Price Hits $90
Investment management firm ARK Invest has offloaded a portion of its Coinbase holdings as the crypto exchange's stock races to a near one-year high. On Tuesday, Cathie Wood’s investment firm sold 135,152 Coinbase shares,...
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On Tuesday, Cathie Wood’s investment firm sold 135,152 Coinbase shares, worth around $12 million, from one of its major exchange-traded funds (ETF), the ARK Innovation ETF.
The amount sold accounts for 0.14% of the fund’s total holdings, according to data compiled by Bloomberg....
Read More: Cathie Wood's ARK Invest Cashes In on Coinbase, Sells 135K Shares as Price Hits $90
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