ARK Invest Sells $12.5 Million Worth of Coinbase Shares

Source
Heecheol Yang

Summary

  • ARK Invest has reportedly sold $12.5 million worth of Coinbase shares.
  • ARK Invest announced that it sold 33,363 Coinbase shares through its ETF, ARK Innovation.
  • Coinbase stock rose by 5.54% on the same day and has gained 27.02% over the last 5 trading days and 51.06% year-to-date.

Cathie Wood's ARK Invest has reportedly sold Coinbase shares worth $12.5 million.

According to The Block on the 26th (local time), ARK Invest sold 33,363 Coinbase shares through its ETF, ARK Innovation, on this day.

Meanwhile, Coinbase stock closed at $375.07 on the same day, up 5.54%. Over the past 5 trading days, it has risen 27.02%, and compared to the beginning of the year, it is up 51.06%.

Heecheol Yang

Heecheol Yang

heecheol@bloomingbit.ioHello, I'm a reporter at bloomingbit
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