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Ark Invest sells approximately $13.3 million worth of Coinbase stock yesterday

Summary: According to reports from The Block, Ark Invest sold 34,207 shares of Coinbase stock on Tuesday, worth approximately $13.3 million, after the stock hit a record closing price on Monday. Additionally, due to ownership restrictions, Ark Invest also sold $8.7 million worth of spot Bitcoin ETF. Coinbase closed up 1.8% on Monday, reaching a record ...

According to reports from The Block, Ark Invest sold 34,207 shares of Coinbase stock on Tuesday, worth approximately $13.3 million, after the stock hit a record closing price on Monday. Additionally, due to ownership restrictions, Ark Invest also sold $8.7 million worth of spot Bitcoin ETF. Coinbase closed up 1.8% on Monday, reaching a record high of $394.01, with a market value surpassing $100 billion for the first time.

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