Cathie Wood’s company, Ark Invest, sold another $4.7 million worth of Coinbase (COIN) stock before the end of the week.
According to the company’s statement, it was purchased from an exchange-traded fund called Ark Next Generation Internet ETF on Thursday. 37,377 COINS More has been sold.
Ark Invest, on Mondays and Wednesdays this week, in total $10.2 million Coinbase He sold more shares.
38,668 shares ($4.9 million) from the Fintech Innovation ETF on Wednesday; On Monday, 43,956 ($5.3 million) shares were released from the Next Generation Internet fund.
According to previous transactions in the market, COIN is valued at $129.26. COIN from 70% throughout the month; during the year more than 240% gained value. COIN broke its own record during the bull market in 2021, reaching $ 342.98.
While Ark Invest is selling Coinbase shares, Robinhood stock is buying. Ark Invest this week from Robinhood as it prepares to enter the UK market More than $3 million worth of shares he bought.