Cathie Wood’s money management firm, Ark Invest, has been lowering its exposure on Coinbase ($COIN@US) Global since October, selling another 173 thousand shares on Thursday worth over $49 million. Meanwhile, Coinbase CEO Brian Armstong has said that the company is focusing on long-term growth rather than quarter-to-quarter investment. Ark’s sale of Coinbase stock came from the Ark Innovation ETF, but it still owns more than 5 million shares of Coinbase worth over $54 million in the Ark Fintech Innovation ETF and the Ark Next Generation Internet ETF. As the news broke, Coinbase shares closed 3% lower at $284 per share.