TechFlow news, according to CoinDesk, Cathie Wood's investment firm ARK Invest sold approximately $24 million worth of Coinbase shares on Wednesday, bringing its total sales of Coinbase stock in December to $196.8 million as the stock has risen nearly 30% since the end of November.
In addition, ARKW also sold shares of Grayscale Bitcoin Trust (GBTC), reducing its holdings by about 398,000 shares, while simultaneously increasing its position in Block by approximately 158,000 shares.
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