ARK’s ETF Rebalancing Continues With $20.6M Coinbase (COIN) Sale

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ARK’s ETF Rebalancing Continues With $20.6M Coinbase (COIN) Sale

Its largest weighing of Coinbase stock is in its Innovation ETF (ARKK), which holds over $850 million worth of COIN. The latest offload brings its weighting down to 10.04%, suggesting the sales from ARKK could be coming to an end, notwithstanding another pump in Coinbase’s share price. www.coindesk.com

Its largest weighing of Coinbase stock is in its Innovation ETF (ARKK), which holds over $850 million worth of COIN. The latest offload brings its weighting down to 10.04%, suggesting the sales from ARKK could be coming to an end, notwithstanding another pump in Coinbase’s share price.

www.coindesk.com

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