Ark Invest, managed by Cathie Wood, continues to sell Coinbase (COIN) shares without slowing down.
Ark Invest held its second COIN sale of 2024 on Thursday, January 4. According to the company’s daily report, 26,743 COINs worth $4.1 million were sold. sales transactions ARK Innovation ETF was carried out through. The company is in the last weeks of 2023 By selling over $200 million worth of Coinbase shares. had come to the fore.
ARK Innovation ETF immediately following the sale $1.48 million worth 132,955 shares of Recursion Pharmaceuticals he bought. Recursion Pharmaceuticals stands out with its innovative work in the pharmaceutical and healthcare industry.
Ark Invest latest COIN sale Wednesday, January 3 day and this was recorded as the first COIN sale of the new year.
Coinbase shares have provided significant gains for Ark Invest since the beginning of 2023. The share price is at its low on January 6th. 460% rising around From $31.5 to $186 reached.
Coinbase has emerged as one of the popular names in spot Bitcoin exchange traded fund (ETF) applications and BlackRock Many giant institutions, including Coinbase, announced that they chose Coinbase to store their Bitcoins. NASDAQ According to the data, at the time of writing COIN from $156 is being traded.