Ark Invest Sells $25M Worth of Coinbase Shares
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Cathie Wood's investment firm Ark Invest has sold a total of 166,183 shares of Coinbase Global Inc. valued at $25.3 million.

According to the latest trade filing, the company has sold 145,048 shares of Coinbase through its ARK Innovation ETF and 21,135 shares through its ARK Next Generation Internet ETF.

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The company has sold more than $200 million worth of Coinbase shares in recent weeks.

The shares of the crypto exchange, which has been selected as a crypto asset custodian by BlackRock, have enjoyed a 300% rise over the past year.

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