In a significant move on Wednesday, Cathie Wood-led Ark Invest made headlines by selling a staggering $48.8 million worth of Coinbase Global Inc (NASDAQ:COIN) shares, even as Bitcoin (CRYPTO: BTC) continues to capture the market’s attention with its recent surge to new highs. This strategic divestment coincided with the firm’s acquisition of over $11 million in shares of Tesla Inc (NASDAQ:TSLA), marking a pivotal day of trading for the investment firm. The Coinbase Trade The firm offloaded 204,469 shares of Coinbase across ARKK, ARKW, and ARKF, netting over $48 million in the transaction. Mond…
