Ark Invest, a firm led by Cathie Wood, has recently reshaped its portfolio by selling over $1.4 million worth of Coinbase Global Inc shares. This trading decision took place during a cryptocurrency rally spurred by Bitcoin's trading activity, which has previoiusly traded above the crucial $40,000 threshold. Previous sell-offs by Ark Invest have occured during a surge in existing Coinbase share prices. Ark Invest has dedicated effort to adjust its exposure to Coinbase, and has taken steps to capitalize on favorable market conditions while also attempting to mitigate risk. This is also seen in their increased stake in Robinhood Markets Inc, which experienced a 75% increase in crypto trading on its platform in November compared to October. These actions clearly indicate that Ark Invest is making decisions to maximize their returns on cryptocurrency investments.



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