ARK Invest, led by Cathie Wood, made its third consecutive sale of Coinbase (COIN) stock, shedding 37,377 shares valued nearly at $4.7 million based on Thursday’s closing price. This week, totaling around $15 million in sales from its Next Generation Internet ETF (ARKW) due to COIN’s recent highs. ARK’s strategy involves buying crypto-related stocks during declines and selling during bullish phases to secure profits.
Cathie Wood’s ARK Invest Offloads a Further $4.7M Worth of Coinbase Shares
