🚀 Cathie Wood's ARK Invest sold some more of its Coinbase (COIN) shares on Thursday! Here are the details:

- Following the $25 million sale of COIN stock on Wednesday, the investment company sold another 26,743 shares, valued at $4.16 million.

- COIN increased by 2.21% to $155.6.

- The rally of Coinbase stock with an increase of more than 130% in the last 3 months of 2023 increased its weight in the ARK Innovation ETF (ARKK) above the 10% target.

- COIN accounts for 10.34% of ARKK and is worth over $872.5 million.

💬 So, what do you think this sale of ARK Invest means? We are waiting your comments!