ARK Invest, the investment firm led by Cathie Wood, has continued to sell off its Coinbase stock, with December sales totaling $196.8 million. The firm often reduces its holdings in individual companies as their shares rise, in order to maintain a maximum exposure of around 10%. ARK Invest also reduced its holdings in the Grayscale Bitcoin Trust, while increasing its holdings in Block, which offers payments in cryptocurrency. Bitcoin has rallied 3.3% and crossed $44,000 for the first time in 10 days.
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ARK Invest extends Coinbase stock sales to $196.8 million in December
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The final value of the US one-year inflation rate in November is expected to be 2.6%, the expected value is 2.7%, and the previous value is 2.60%
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