Cathie Wood's ARK Invest Sold Nearly $150M Coinbase Shares Last Week

$ARK Innovation ETF(ARKK.US)$ ARK Invest sold over 580,000 $Coinbase(COIN.US)$ shares last week, worth $149.85 million at Friday’s closing price.
The total marks the largest offload of Coinbase stock by ARK since the week ended Feb. 16.
Coinbase shares have increased by over 80% in value in the last month thanks to a rally of nearly 50% in bitcoin's price during the same period.