Investment management firm ARK Invest has offloaded a portion of its Coinbase holdings as the crypto exchange’s stock races to a near one-year high. 
On Tuesday, Cathie Wood’s investment firm sold 135,152 Coinbase shares, worth around $12 million, from one of its major exchange-traded funds (ETF), the ARK Innovation ETF.
The amount sold accounts for 0.14% of the fund’s total holdings, according to data compiled by Bloomberg….
Read More: Cathie Wood’s ARK Invest Cashes In on Coinbase, Sells 135K Shares as Price Hits $90