Ark Invest offloads $44M in Coinbase shares amid stock surge

1-7-2025 – Ark Invest, led by Cathie Wood, sold $44 million worth of Coinbase Global Inc. shares on Monday, as the stock traded near its all-time high, first reported by The Block. The sale involved 125,629 shares across three exchange-traded funds: 80,063 shares from the ARK Innovation ETF (ARKK), 17,263 from the Next Generation Internet [. source: https://www.cointrackdaily.com/ark-invest-offloads-44m-in-coinbase-shares-amid-stock-surge/