![ARK’s ETF Rebalancing Continues With $20.6M Coinbase (COIN) Sale ARK’s ETF Rebalancing Continues With $20.6M Coinbase (COIN) Sale](https://digitallifegaming.com/wp-content/uploads/2023/11/1699953715_QOEOEUUMK5DNJIJMCWWAMZQVWM-768x402.jpg)
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Its largest weighing of Coinbase stock is in its Innovation ETF (ARKK), which holds over $850 million worth of COIN. The latest offload brings its weighting down to 10.04%, suggesting the sales from ARKK could be coming to an end, notwithstanding another pump in Coinbase’s share price.
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