🎉Odaily Planet Daily News🎉Cathie Wood’s Ark Invest significantly reduced its holdings of Coinbase stock COIN on Monday (December 11), selling a total of 13,634 shares, equivalent to approximately US$1.88 million💰. Among them, ARK Innovation ETF (ARKK) reduced its holdings of 10,933 shares of COIN, ARK Next Generation Internet ETF (ARKW) reduced its holdings of 2,483 shares of COIN, and ARK Fintech Innovation ETF (ARKF) reduced its holdings of 218 shares of COIN.

While Ark Invest’s reduction in Coinbase may worry some investors, we remain optimistic about Bitcoin 😄. As amateurs in the blockchain industry, we will continue to pay attention to global blockchain regulatory developments, industry trends, and cryptocurrency news to bring you the latest information.