ARK Invest Cathie Wood sold $8.7 million worth of Coinbase and Robinhood shares
Investment company ARK Invest, led by Cathie Wood, sold stakes in crypto exchange Coinbase (NASDAQ:COIN) and online broker Robinhood (NASDAQ:HOOD) for $4.4 million and $4.3 million, respectively. Thus, on January 11, 26,301 COIN securities and 341,592 HOOD securities were removed from the ARK Innovation (NYSE:ARKK) ETF portfolio.
The Block material
