Ark Invest sold approximately $13.3 million worth of Coinbase stock yesterday

Crypto 7x24

2025-07-16 20:18:57

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Online reports, TheBlock reported that on Tuesday, ArkInvest sold 34,207 shares of Coinbase stock worth approximately $13.3 million, after the stock set a record closing price on Monday. In addition, due to shareholding restrictions, ArkInvest also sold a spot Bitcoin ETF worth $8.7 million. Coinbase closed up 1.8% to a record $394.01 on Monday, and its market value exceeded the $100 billion mark for the first time.

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