News Explorer — Coinbase Shares Fall as Ark Invest Sells Shares

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Jul 1, 4:08 pm

Decrypt

Coinbase Shares Fall as Ark Invest Sells Shares

Coinbase's shares dropped 2.1% following the U.S. Supreme Court's decision and ARK Invest's $95 million share sell-off. The Supreme Court's refusal to hear Coinbase's appeal in Harper v. Faulkender and ARK Invest's rebalancing contributed to the decline.

Coinbase's shares dropped 2.1% following the U.S. Supreme Court's decision and ARK Invest's $95 million share sell-off. The Supreme Court's refusal to hear Coinbase's appeal in Harper v. Faulkender and ARK Invest's rebalancing contributed to the decline.

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