Ark Invest sold approximately $21.7 million in Robinhood shares and $4.7 million in SpaceX shares on Thursday. The firm also reduced its position in its own spot Bitcoin ETF, ARKB, by about $1.8 million.
The transactions mark a notable reduction in both fintech equity exposure and proprietary crypto fund holdings within Cathie Wood's portfolio. Ark executed the sales across three distinct assets in a single trading session.
Ark Invest Sells $21.7M in Robinhood Shares and Reduces ARKB Holdings
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