ARK Invest reduced its holdings of Coinbase shares by nearly $150 million last week
By: Cointime
ARK Invest sold over 580,000 shares of COIN stock last week, worth $149.85 million at Friday's closing price. This is ARK's largest reduction since the week of February 16. Due to Bitcoin's nearly 50% price increase during the same period, Coinbase's stock price rose more than 80% last month.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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