Ark Invest reduced its holdings of Coinbase stock worth $12.5 million yesterday

2025-06-27 12:54:09

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ChainCatcher news, according to The Block, Cathie Wood's Ark Invest sold $12.5 million worth of Coinbase Global Inc. stock and $12.3 million worth of Block Inc. stock through its ARK Innovation ETF (ARKK), while Coinbase's closing price reached an all-time high on that day.

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Risk warning

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Data: Bitcoin ETF saw a net outflow of 13,000 BTC last week, marking the worst week since early February

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