Cathie Wood’s Ark Invest offloads record number of Coinbase stocks
Ark Invest, led by Cathie Wood, has intensified its Coinbase (COIN) share sale. On Friday last week, the firm executed another sale, offloading about 335,860 COIN shares, valued at approximately $49.2 million; this follows the $59 million in COIN it sold earlier last week. Strategic portfolio adjustments Ark Invest’s sale was distributed across three exchange-traded…