Veteran investor Cathie Wood dumped $65 million worth of crypto stocks and funds on Sep. 14, a day ahead of the crucial cloture vote on the Digital Asset Market Clarity Act.
Wood’s firm ARK Invest trimmed its stake in Coinbase Global (Nasdaq: COIN), Circle Internet Group (NYSE: CRCL), Bitmine Immersion Technologies (NYSE: BMNR), Bullish (NYSE: BLSH), and ARK 21Shares Bitcoin ETF (CBOE: ARKB).
Related: Cathie Wood spots key ratio signaling Bitcoin breakout
Wood’s ARK trims stake in its own Bitcoin ETF by $40 million
ARK Invest sold 36,628 Coinbase shares worth approximately $7 million as the top U.S. crypto exchange’s stock surged 9% to close at $191.45 yesterday.
The firm also…






