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ARK Invest Cashes Out: Dumps $95M in Coinbase Shares as COIN Hits Record Highs

ARK Invest Cashes Out: Dumps $95M in Coinbase Shares as COIN Hits Record Highs

Author:
CoindeskEN
Published:
2025-07-01 08:14:25
20
1

ARK Invest Sold $95M of Coinbase Shares After COIN's Surge to Record Highs

ARK Invest just made a power move—liquidating $95 million worth of Coinbase stock as COIN skyrocketed to all-time highs. Was it savvy profit-taking or premature cold feet?

Timing the top or missing the next leg up? Cathie Wood’s firm unloaded a chunk of its crypto-exchange bet right as retail FOMO kicked into overdrive. Classic Wall Street ‘buy high, sell higher’ logic—unless you’re one of those diamond-handed degenerates still waiting for Bitcoin at $1M.

Meanwhile, Coinbase’s stock keeps defying gravity while traditional finance jaws drop. Guess those ‘unregulated casino’ jabs didn’t age well.

|Square

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