Ark Invest Continues to Sell Coinbase (COIN): Exceeds $200 Million

Ark Invest, led by Cathie Wood, sold 80,118 Coinbase (COIN) shares worth $13.5 million last day.

Ark Invest, 108 in the first week of this month; It sold $59 million worth of COINs in its second week. The company sold another $30 million worth of COIN this week until yesterday. sold approximately $210 million worth of COIN during the month happened.

Of the shares sold yesterday, 68,769 were from the Innovation exchange-traded fund and 11,349 were from the Next Generation Internet fund.

According to TradingView data, Coinbase’s shares increased by 61.57 percent monthly; It has gained 360.48 percent in value since the beginning of the year. COIN, the other day up to $170.17 rose. Market value of Coinbase, one of the largest cryptocurrency exchanges, 30 billion dollars exceeds.

Coinbase recently received a license as a virtual asset service provider from the country’s regulatory authority, the AMF, to provide digital asset services in France.

source site-9