Summary
Cathie Wood’s investment firm sold a total of 499,149 COIN shares from various ETFs.
Key Points
1. ARK Investment Management, led by Cathie Wood, sold a total of 499,149 shares of Coinbase (COIN) across three of its ETFs.
2. The shares were sold from ARK Innovation ETF (ARKK), ARK Next Generation Internet ETF (ARKW), and ARK Fintech Innovation ETF (ARKF).
3. This sale indicates that ARK Investment Management has reduced its exposure to Coinbase, possibly due to changing market conditions or investment strategies.