Cathie Wood's ARK Invest Sells Another $24.3M of Coinbase Shares
Summary
ARK Invest, led by Cathie Wood, sold Coinbase shares for the third consecutive day, as the crypto exchange's share price remained near a 19-month high. The sale of 180,422 shares earned approximately $24.3 million. The sales were made from the Innovation, Next Generation Internet, and Fintech Innovation exchange-traded funds. The investment firm also sold 99,595 shares in Grayscale Bitcoin Trust, worth nearly $3.5 million.
