On Wednesday, Cathie Wood-led Ark Invest sold shares of Coinbase Global, Inc. (NASDAQ:COIN) and purchased those of Palantir Technologies Inc. The Coinbase trade took place amid a backdrop of an uptick in the prices of Bitcoin (CRYPTO: BTC) — the apex cryptocurrency. The COIN Trade Ark sold 24,141Coinbase shares through ARK Innovation ETF (NYSE:ARKK), ARK Next Generation Internet ETF (NYSE:ARKW), and Ark Fintech Innovation ETF (NYSE:ARKF). The company’s stock, COIN, has been climbing higher, as reported in a Benzinga article. The closing data for COIN on Wednesday, April 10, 2024, was $250.99, …
