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Cathie Wood’s Ark ETF sells $13m in Coinbase for the first time since July

Cathie Wood’s Ark ETF sells $13m in Coinbase for the first time since July

Cathie Wood’s ARK Fintech Innovation ETF sold $13.5 million worth of Coinbase, the first time it has sold off a large chunk of the company’s stock since July.

Ark Invest has been adding millions of dollars in Coinbase shares since at least November. 

© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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Author: Christiana Loureiro and Adam Morgan McCarthy


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