COIN

<p>The post <a href="https://coinpedia.org/crypto-live-news/ark-invest-offloads-another-12k-coinbase-shares-worth-2-7m/">Ark Invest Offloads Another 12K Coinbase Shares Worth $2.7M</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>Ark Invest has offloaded another 12,077 Coinbase shares on Wednesday, worth $2.7 million. ARK’s latest Coinbase dump follows ARKW’s recent sale of 16,758 COIN shares on July 19. At the time of the sale, the transaction netted $4.3 million, with COIN trading at around $257. Ark’s investment strategy generally aims to avoid individual holdings taking up more than 10% of an ETF’s portfolio, to maintain diversification within its funds. COIN is now the fourth-largest holding within its ARKW ETF, with a weighting of 7.3% as of August 1,&nbsp;</p>

Ark Invest Offloads Another 12K Coinbase Shares Worth $2.7M

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