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ARK Invest Cashes Out $8.64M in Coinbase Shares as Crypto Exchange Hits All-Time High

ARK Invest Cashes Out $8.64M in Coinbase Shares as Crypto Exchange Hits All-Time High

Author:
CoindeskEN
Published:
2025-07-14 08:52:20
7
3

ARK Invest Sells $8.64M Coinbase Stake After Crypto Exchange's Shares Rally to Record

ARK Invest just made a power move—dumping $8.64M worth of Coinbase stock right as the crypto exchange's shares hit record highs. Was it profit-taking... or a lack of faith in the rally?

Bullish no more? Cathie Wood's flagship fund bails on Coinbase after a blistering 2025 run-up. The sell-off comes just as retail FOMO starts flooding into crypto stocks—classic Wall Street 'buy high, sell higher' logic.

One thing's clear: when even the crypto true believers start taking money off the table, it's time to ask who's left holding the bag. (Spoiler: probably the guys still waiting for their Bitcoin ETF approval.)

|Square

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