TradingKey – On the eve of the Clarity Act vote, Cathie Wood offloads crypto stocks en masse, cashing out over $60 million.
On Monday (September 14) Eastern Time, driven by the impending vote on the Clarity Act, crypto concept stocks staged a broad rally. Among them, Coinbase (COIN) surged over 9%, Circle (CRCL) and Bullish (BLSH) both gained over 7%, while Bitmine (BMNR) rose about 3%.
Coinbase stock price chart, Source: TradingView
As crypto stocks surged, Cathie Wood’s Ark Invest offloaded a substantial amount of related shares. According to The Block, Ark Invest sold over $13 million in Circle, $7 million in Coinbase, nearly $4 million in Bitmine, and $700,000 in Bullish shares, while also dumping around $40 million of a spot Bitcoin…
