Cathie Wood’s ARK Invest Sells $5.26M COIN Shares as Price Hits 19-Month High

The Ark Fintech Innovation exchange-traded fund’s (ETF) sale of 43,956 shares took place on the day COIN reached $119.77 on the Nasdaq market, the highest closing price since April 2022. The sale is the biggest since July 25, when the ARK Next Generation Internet ETF dumped more than 53,000 COIN shares, albeit at a lower price and for a lower total value.

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