Ark Invest offloads $34 million in Coinbase while shares jump 7% pre-market ahead of earnings report
Ark Invest, led by Cathie Wood, divested over 200,000 units of Coinbase (COIN) shares, marking its first significant sale in over a month, per the firm’s latest trading file obtained by CryptoSlate. The transaction included the sale of 152,600 Coinbase shares from the ARK Innovation ETF (ARKK). The firm also sold 31,459 COIN shares from...