ARK sold $34.3 million worth of shares from three different funds, according to an emailed daily trading report.
Coinbase, the only U.S.-listed crypto exchange, has climbed 19% since then, including a 14% jump yesterday that took the share price to $160.38 as bitcoin (BTC), the largest cryptocurrency by market cap, climbed through $52,000.
The exchange is expected to post stronger earnings and revenue when it reports results after the market closes today, fueled by increased trading volume as the crypto market rallied.
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