Ark Invest significantly reduced its holdings in technology stocks and Bitcoin ETFs, increasing downward pressure on the market
Cathie Wood's Ark Invest has massively sold off technology stocks and crypto assets, selling approximately $41 million in Meta shares, $26 million in Nvidia shares, while also reducing its holdings by about $11 million in its own Bitcoin spot ETF (ARKB), $6.5 million in shares of crypto exchange Bullish, and nearly $5 million in shares of Block.
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