Is Ark Investments' love affair with Coinbase over? Fourth Coinbase stock sale since February

Three funds under Cathie Wood's ArcInvest sold 28,731 shares of Coinbase stock worth about $5 million on Tuesday. She sold about 500,000 shares worth $90 million on December 16 and 214,000 shares on December 14. ArkInvest has been selling Coinbase shares since late November last year, selling more than 780,000 shares in four separate sales since February. It is also speculated that it will sell the remaining Coinbase shares it still owns. The move is likely in favor of a BTC ETF, but it will be interesting to see if CathieWood has other plans. On the 15th, Ark Invest bought 1,960 bitcoins, and its BTC holdings are now reported to be 26,639, valued at around $1.4 billion.