ARK Invest Sells $5 Million in Coinbase While Buying More Robinhood as Crypto Exchange Hits 19-Month High
• ARK Invest sold $5.26M of Coinbase (COIN) shares as price hit 19-month high • Sale from Ark Fintech Innovation ETF of nearly 44K COIN shares on day COIN closed at $119.77 • Biggest COIN sale by Ark since July when Next Gen Internet ETF dumped 53K shares • Ark Fintech ETF bought 143K Robinhood (HOOD) shares worth $1.2M • Fifth HOOD purchase by ARK Invest this month