TechFlow news, according to Bloomberg, Cathie Wood's Ark Innovation ETF sold 135,152 shares of Coinbase on Tuesday, marking the first sale of this stock since July 26, 2022.
Ark was Coinbase's fourth-largest holder and had been buying the stock during price declines for nearly 11 months until June. During periods of crypto market volatility triggered by U.S. regulatory crackdowns on the industry, SBF's collapse, and a wave of bankruptcies, the firm continued increasing its stake.




