Ark Invest Sells $43M in Crypto Assets Despite Price Surges, Reinvests in Tech Stocks
- Ark Invest sold $42M of Coinbase shares despite Bitcoin and Ethereum price surges
- Sale of 283,104 Coinbase shares made across two Ark ETFs
- Ark also sold $1.6M worth of Grayscale Bitcoin Trust shares
- Ark bought shares in Zoom Video Communications, 10X Genomics, and The Trade Desk
- Sales could signal Ark realignment or response to crypto market volatility