Cathie Wood’s ARK Invest liquidates Coinbase stocks as crypto exchange rallies amid regulatory uncertainties
ARK Invest, the growth-focused fund steered by Cathie Wood, continues to offload shares of the crypto exchange giant, Coinbase, even as the stock soars to just shy of its one-year peak at $105.55. A recent disclosure reveals that ARK has shed 248,838 shares of Coinbase (COIN), worth just over $26 million. This follows ARK’s earlier…