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

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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: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

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