Cathie Wood-led Ark Invest offloaded 42,613 shares of US-based crypto exchange Coinbase through ARK Next Generation Internet ETF and ARK Fintech Innovation ETF as the price of Bitcoin closed in on $35,000 on Monday.
Coinbase’s shares that Ark Invest sold were valued at around $3.3 million with the closing price of $77.21 on Monday evening.
At the time of writing, Bitcoin is trading at just above $34,400, 12% up in the last 24 hours and 23% up in the last 7 days. …
Read More: Cathie Wood’s Ark Invest Offloads Coinbase and Grayscale Bitcoin Trust, Buys Robinhood Stocks Amidst Crypto Surge