ARK Invest sold approximately $5.3 million worth of Coinbase shares yesterday

ChainCatcher news, according to Cointelegraph, ARK Invest sold 43,956 shares of Coinbase stock yesterday through its ARK Fintech Innovation ETF, with a price of $119.7 per share (reaching an 18-month high), for a total transaction value of approximately $5.3 million.

Cathie Wood's investment firm previously sold 63,675 shares of Coinbase stock from its ARK Next Generation Internet ETF (ARKW) in October, totaling $5.1 million.