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Bitcoin.com 2024-01-06 11:00:17

Ark Invest Continues to Sell Coinbase Shares

In a strategic move, Ark Invest has offloaded another portion of its Coinbase holdings, selling over $29 million worth of COIN shares from its ETFs. This decision aligns with Ark’s target weighting policy and follows Coinbase’s strong performance in the last quarter of 2023. Ark Invest Sells Over $29 Million in Coinbase Shares Amid Portfolio

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