Cathie Wood's Ark Invest has divested significant holdings in tech stocks and cryptocurrency ETFs, according to Ark Invest Tracker. The firm sold approximately 155,441 shares of NVIDIA, worth about $27.77 million, and 76,622 shares of META, valued at $45.58 million. Additionally, Ark Invest offloaded 408,000 shares of the Bitcoin ETF (ARKB) and nearly 200,000 shares of Bullish, marking a substantial shift in its investment strategy.
Ark Invest Offloads Millions in Tech Stocks and Crypto ETFs
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