ARK Invest, a firm looking to launch a Bitcoin ETF, has sold over 237,000 shares of Coinbase stock, netting at least $33 million. The sale was made on December 5th, the same day Coinbase's stock closed at $140 per share. Despite the sale, ARK still holds a significant amount of COIN shares as one of its top assets. Coinbase's stock has been surging, reaching a new record high above $147.4 on December 5th and posting a 280% year-to-date increase.
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ARK Invest Sells Over 237,000 Coinbase Shares, Nets $33 Million in Profits
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