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  <p>The post <a rel="noopener noreferrer nofollow" href="https://coinpedia.org/crypto-live-news/ark-invest-sells-another-26-million-worth-of-coinbase-shares/">ARK Invest Sells Another $26 Million Worth of Coinbase Shares</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
  <p>ARK Invest, the fund manager led by Cathie Wood, has sold more Coinbase shares worth $26 million in its third sale of the cryptocurrency exchange’s stock in recent days. The funds sold shares worth a total of $26.3 million, citing profit-taking, but Wood said that Ark Invest is still “very positive about Coinbase”. The sales came after a ruling in the Ripple case that supported Coinbase’s justification that not all cryptocurrencies qualify as securities. Coinbase shares have rallied significantly, with the trading platform delivering surveillance-sharing support to BlackRock and Fidelity.&nbsp;</p>
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ARK Invest Sells Another $26 Million Worth of Coinbase Shares

CoinPedia News

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