- Ark Invest has reportedly sold 13,780 shares of Coinbase.
- This sale was made to adjust the weighting of the managed ARKF ETF.
- The Coinbase (COIN) stock closed at $279.86, down 10.2% from the previous day.
STAT AI Notice
- The article was summarized using an artificial intelligence-based language model.
- Due to the nature of the technology, key content in the text may be excluded or different from the facts.
Ark Invest, led by Cathie Wood, has sold 13,780 shares of Coinbase, valued at approximately $3.9 million.
According to The Block's report on the 19th (local time), Ark Invest sold the Coinbase shares to adjust the weighting of its ARKF ETF product under management.
Coinbase (COIN) closed at $279.86 on the 19th, down 10.2% from the previous day.
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