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Cathie Wood-led Ark Invest Slashes Coinbase Holdings by $15.1M
- Cathie Wood-led Ark Invest has sold $15.1 million worth of Coinbase shares.
- The sale included 70,616 shares across three of Ark's ETFs.
- Ark Invest aims to limit exposure to any single stock in its portfolio to 10%.
- Despite Coinbase's strong earnings report, Ark Invest continues to rebalance its holdings.
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