Ark Invest sells $20 million worth of Coinbase stake again on Thursday

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2024/04/12 13:04

PANews April 12 news, according to The Block, Ark Invest, led by Cathie Wood, sold Coinbase shares again on Thursday, totaling 77,561 shares worth approximately $20.4 million. The move comes as the investment firm continues to adjust its fund allocations. Ark Invest completed the transaction through two of its exchange-traded funds (ETFs), selling 63,627 shares (valued at $16.7 million) from its Innovation ETF (ARKK) and from its Next Generation Internet ETF (ARKW) Sold 13,934 shares (valued at $3.7 million).

It was reported this morning that Cathie Wood’s ArkInvest already holds shares in OpenAI

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