ARK Invest reduces stakes in Coinbase, Circle and other crypto-related stocks on Monday
Source：
x.com
According to The Block, Cathie Wood's Ark Invest significantly trimmed multiple holdings on Monday amid a rally in crypto-related stocks, including Coinbase, Circle, Bullish, and Bitmine. The firm sold $7 million worth of Coinbase stock, $13.87 million worth of Circle stock, $3.96 million worth of Bitmine stock, and $687,700 worth of Bullish stock. Additionally, Ark Invest sold $40 million worth of Ark 21Shares Bitcoin ETF (ARKB).
