ARK Fintech Innovation ETF
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Ark Fund sold $13.5 million worth of Coinbase shares
According to reports, Cathie Wood’s ARK Fintech Innovation ETF sold $13.5 million worth of Coinbase stock, the first sale of Coinbase stock since July. ARK sold 160887 shares of its ARK Fintech Innovation ETF. Ending the months long buying frenzy since November 2022. （The Block） Interpretation of this information: The recent sale of Coinbase stock by Cathie Wood’s ARK Fintech Innovation ETF worth $13.5 million has brought an end to a months-long buying frenzy that started in November 2022. This is the first time that Coinbase stock has been sold…
