ARK Invest sells Bitcoin ETF and Coinbase stocks, earning over $20 million in profits

Odaily Planet Daily News: ARK Invest sells $8.7 million worth of Bitcoin Spot ETF (ARKB) and $13.3 million worth of Coinbase stock, after Bitcoin briefly broke through $123000 and COIN's market value briefly exceeded $100 billion. Analysis suggests that this move may be for profit taking and asset restructuring before the release of CPI data. On that day, ARKB had a net outflow of $6.2 million, despite the overall Bitcoin ETF recording a net inflow of $403 million, achieving a net inflow of funds for 9 consecutive days. （Decrypt）