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Ark Invest reduced its holdings in COIN and other encryption concept stocks, as well as ARKB ETF yesterday.
BlockBeats news, on July 25, according to Ark Invest Daily, Ark Invest's funds sold a total of 30,501 shares of COIN stock yesterday, worth approximately 12.07 million dollars, while also reducing their holdings in crypto concept stocks such as Robinhood and Block, as well as 28,906 shares of the ARK Bitcoin Spot ETF.