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TechFlow reported that Cathie Wood's ARK Invest sold more than $25 million worth of Coinbase (COIN) shares on Wednesday from two of its exchange-traded funds (ETFs).
The investment firm sold a total of 166,183 COIN shares from its Innovation ETF (ARKK) and Next Generation Internet ETF (ARKW), valued at $25.3 million based on the cryptocurrency exchange's closing price.
Cathie Wood's ARK Invest sold more than $25 million worth of Coinbase (COIN) shares on Wednesday from two of its exchange-traded funds (ETFs). The investment firm offloaded a total of 166,183 COIN shares from its Innovation ETF (ARKK) and Next Generation Internet ETF (ARKW), valued at $25.3 million based on the cryptocurrency exchange's closing price.
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