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TechFlow news, according to The Block, Ark Invest sold a total of $59 million worth of Coinbase shares and $15 million worth of GBTC last week.
Coinbase shares closed at $147.90 on Friday, up approximately 4.5% for the week, rising 50% over the past month and more than 305% year-to-date, reaching their highest level since April 2022. Meanwhile, GBTC's negative premium narrowed last week to its lowest level since July 2021.
According to The Block, Ark Invest sold a total of $59 million worth of Coinbase stock and $15 million in GBTC last week. Coinbase closed Friday at $147.90, up approximately 4.5% for the week, 50% over the past month, and more than 305% year-to-date—reaching its highest level since April 2022. Meanwhile, GBTC's negative premium narrowed last week to its lowest level since July 2021.
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