Ark Invest reduced its holdings of Coinbase stocks worth approximately $43.8 million yesterday

BlockBeats News: On July 1st, according to The Block, Cathie Wood's Ark Invest sold 124892 Coinbase shares worth approximately $43.8 million on Monday. Coinbase (COIN) closed down 0.83% on Monday at $350.49. In the past month, the stock has risen by 42.12%, and so far this year it has risen by 41.16%.