Ark Invest Sells $7M in Coinbase and $13.87M in Circle Shares

Ark Invest, led by Cathie Wood, sold significant portions of its holdings in crypto-related stocks on Monday, including $7 million in Coinbase, $13.87 million in Circle, $3.96 million in Bitmine, and $68.77 in Bullish shares. Additionally, the firm reduced its position in the Ark 21Shares Bitcoin ETF (ARKB) by $40 million.