Ark Invest Continues to Sell Coinbase Share: Exceeds $10 Million

Cathie Wood’s company, Ark Invest, continued its Coinbase (COIN) sales that it started this week, making sales of over $10 million in total.

After selling 38,668 COINs worth $5.3 million on Monday, Ark Invest sold another $4.94 million worth of shares the other day.

According to the company’s statements, for the Ark Fintech Innovation ETF Extra 221,759 Robinhood worth $1.97 million Another share was purchased. Ark Invest added 143,063 Robinhood shares to its funds on November 27.

Coinbase shares are currently trading at $127.35 in pre-market trading and are up more than 20% this week and 250% year-to-date, reaching an 18-month high, according to TradingView. The stock broke its own record in November 2021, rising to $342.98.

According to Bloomberg’s news today, Robinhood is in the UK with a move towards the international market. commission-free share buying and selling service will start to give. The company started collecting customers and To be ready in 2024 waiting.

Robinhood stock, which rose as high as $55.01 in August 2021, is valued at $9.08 pre-market.

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