ARK Invest Sells Record 225,742 Shares of Bitcoin ETF for $8.7 Million

ARK Invest, led by Cathie Wood, executed its largest single-day sale of ARK 21Shares Bitcoin ETF (ARKB) shares, offloading 225,742 shares on Tuesday. The transaction, based on ARKB's closing price of $38.70, resulted in proceeds of $8.7 million. This marks a significant move for ARK Invest, reflecting strategic portfolio adjustments in the cryptocurrency sector.

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