Coinbase Global
Short

Ark Invest Offloads $49M in Coinbase (NASDAQ: $COIN) Shares

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Cathie Wood's Ark Invest sold its largest amount of shares in cryptocurrency exchange Coinbase since July, offloading 335,860 shares across three ETFs. The sale raised $49.2 million at Coinbase's closing price.

Ark has been consistently selling Coinbase stock as its shares have appreciated alongside bitcoin's rally.

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