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.
Crypto Exchange Coinbase (COIN) Had a Blowout First Quarter: Analysts
“While we believe investors must remain level-headed around the ebbs and flows of enthusiasm into the industry, which often coincide...