Cathie Wood’s ARK investment trims Coinbase holdings to maintain portfolio balance
ARK Invest, the renowned investment firm led by Cathie Wood, has made another strategic move in its ongoing effort to rebalance its exchange-traded funds (ETFs). The firm recently sold approximately $20.6 million worth of Coinbase (COIN) shares across three ETFs. This move aligns with ARK Invest’s target of ensuring that no individual stock surpasses a…