Ark Invest sold about $13.30 million worth of Coinbase shares yesterday
2025-07-16 10:29:31
According to TheBlock, on Tuesday, ArkInvest sold 34,207 shares of Coinbase stock, worth about $13.3 million, after the stock set a record closing price on Monday. In addition, ArkInvest also sold $8.7 million worth of spot bitcoin ETFs due to shareholding ratio restrictions. Coinbase closed up 1.8% on Monday at a record $394.01, and its market value broke the $100 billion mark for the first time.
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