ARK’s ETF Rebalancing Continues With $20.6M Coinbase Sale

ARK Invest has a target of no individual stock surpassing 10% weighting of an ETF’s value. COIN doubled in price in the last three months of 2023, bringing about consistent sales of the crypto exchange’s stock by ARK.

Source: https://www.coindesk.com/business/2024/01/08/arks-etf-rebalancing-continues-with-206m-coinbase-sale/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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