Ark Invest Cashes Out Approximately $62 Million in a Single Day, Trims Stakes in Circle, Coinbase, and Other Crypto-Related Stocks

Odaily News: Cathie Wood's Ark Invest sold 36,628 shares of Coinbase on Monday, worth approximately $7 million based on that day's closing price; it sold a total of 142,350 shares of Circle across two funds, worth approximately $13.8 million.

In addition, Ark Invest sold 153,881 shares of Bitmine, worth approximately $3.96 million; 18,280 shares of Bullish, worth approximately $688,000; and 1,528,953 shares of the ARK 21Shares Bitcoin ETF, worth approximately $40 million.