Ark Invest offloaded 199,526 Coinbase shares — worth $52.3 million — across three of its exchange-traded funds on Thursday, according to the company’s latest trade filing.
It’s the first time Ark has offloaded Coinbase shares since the $27 million worth of COIN it sold on March 13. According to the firm's latest disclosures, Coinbase remains the largest holding within its ARKK, ARKW and ARKF ETFs — with current weightings at 10.5%, 11.4% and 12.1%, respectively.
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