
Ark Invest sells $12.5 million in Coinbase shares as stock hits all-time closing high
Cathie Wood's Ark Invest offloaded $12.5 million worth of Coinbase Global Inc. shares and $12.3 million worth of Block Inc. shares from one of its exchange-traded funds on Thursday, as Coinbase ended the day with a new all-time closing high.The Ark Innovation ETF (ARKK) sold 33,363 Coinbase shares a