![Cathie Wood’s ARK Invest Sells Another $4.2M of COIN Stock Cathie Wood’s ARK Invest Sells Another $4.2M of COIN Stock](https://digitallifegaming.com/wp-content/uploads/2023/11/EAWKDMFIRREVFJRDIZGCJ3UDHA-768x402.jpg)
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Coinbase stock’s rally in the last 3 months of 2023, which saw the price increase by over 130%, took its weighting in ARK’s Innovation ETF (ARKK) above the targeted maximum weighting of 10%. It still constitutes a 10.34% weighting of ARKK, a stake worth more than $872.5 million.
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