ARK Invest Sells Off Coinbase Shares While Maintaining Exposure
- ARK Invest sells 237K Coinbase shares at $140 per share, netting $33M+
- Sale is one of ARK's largest Coinbase stock dumps this year
- ARK has also sold 168K Grayscale Bitcoin Trust shares for $5.9M
- Despite sales, Coinbase remains a top holding across 3 ARK ETFs
- ARK buying other crypto stocks like Robinhood while selling Coinbase