Cathie Wood's Ark Invest sold another 26,743 shares of Coinbase Global Inc. stock. — worth $4.1 million — on Thursday, just one day after $25.3 million worth of Coinbase shares were sold.
Ark Invest continued its selling spree of Coinbase via the ARK Innovation ETF on Thursday, according to its daily trading filing. The ETF bought 132,955 shares of Recursion Pharmaceuticals stock, a deal worth about $1.48 million, on the same day.
The company's ETFs have unloaded more than $200 million in Coinbase shares over the past few weeks.
Coinbase stock closed 2.21% higher at $155.6 on Thursday. It has risen by more than 360% over the past year.
This week, Coinbase began following other cryptocurrency exchanges Requires users in the United Kingdom To fill out the risk declaration form in light of the guidelines issued by the country's financial regulatory body.
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