ARK Invest sells more Coinbase shares, eyes Meta platforms, Robinhood By Cointelegraph

As Coinbase (NASDAQ:) stock reaches a 52-week high, ARK Invest — the investment management firm led by (BTC) bull Cathie Wood — has recently sold more of its shares in the crypto exchange.

Following ARK Invest’s significant acquisition of Coinbase shares during the bear market, the investment firm has sold off a portion of its Coinbase holdings for the second time this week. Meanwhile, Wood’s firm is actively investing in Meta Platforms and Robinhood (NASDAQ:) Markets shares.