Ark Invest Sold Tens of Millions of Dollars of Stock in the Crypto Sector in One Day

Cathie Wood’s company, Ark Invest, sold some more Coinbase and Grayscale Bitcoin Trust shares the other day.

According to the company’s most recent statement, 12,474 from Fintech Innovation ETF, 5,369 from Next Generation Internet ETF and 162,579 from Innovation ETF. 180,422 Coinbase shares in total ($24.3 million) sold.

Ark Invest has been trading throughout the week with the transactions it has made in recent days. $59 million COIN It has sold. If the week before $15 million He had made a sale.

Coinbase stock closed yesterday at $134.63. COIN, which appreciated by approximately 7% throughout the week, has increased since the beginning of the year. Gained nearly 270% value.

Ark also sold 99,595 ($3.5 million) of GBTC yesterday, after selling 168,127 Grayscale Bitcoin Trust (GBTC) shares on Tuesday.

GBTC, which has appreciated by 325% since the beginning of the year, closed yesterday at $ 34.92.

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