Cathie Wood-led Ark Invest made a notable move in the market by selling a significant portion of its Coinbase Global Inc (NASDAQ:COIN) shares on Tuesday. This decision comes as cryptocurrencies, including Bitcoin, experience a downturn, prompting a strategic shift in Ark Invest’s portfolio. The Coinbase Trade On Tuesday, Ark sold a total of 82,255 Coinbase shares worth $11.48 million through ARK Innovation ETF (NYSE:ARKK), ARK Next Generation Internet ETF (NYSE:ARKW) and Ark Fintech Innovation ETF (NYSE:ARKF). On the day Coinbase shares closed 1.2% higher at $139.62. Ark Invest’s decision to r…

Read More