ARK Invest breaks Coinbase stock buying streak
Cathie Wood’s investment management firm ARK Invest on March 21, sold 160,887 Coinbase shares (NASDAQ: COIN) from its ARK Fintech Innovation exchange-traded fund (ARKF). The shares were sold for $13.5 million. The sale is the first sale of Coinbase stock by ARK Invest in 2023 following three months of active buying since the start of the …
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