Cathie Wood's Ark Invest fund sold 42,613 shares of Coinbase (worth approximately $3.3 million) through the ARK Next Generation Internet ETF and ARK Fintech Innovation ETF on Monday local time, and purchased 259,628 shares of Robinhood.

In addition, Ark Invest also sold 100,739 shares of Grayscale Bitcoin Trust in a transaction valued at approximately $2.5 million.