Ark Invest Adjusts Holdings With Bitcoin ETF and Tech Stock Trades
Cathie Wood's Ark Invest sold portions of its bitcoin ETF holdings alongside shares of Block and Bullish while purchasing equities in Nvidia and SoFi.
Ark Invest executed a series of portfolio adjustments on Monday through its exchange-traded funds. The firm sold $6.1 million worth of shares in Block and $1.13 million in Bullish. Additionally, the asset manager reduced its exposure to its own bitcoin ETF holdings while reallocating capital toward traditional technology and fintech equities, including Nvidia and SoFi.
Original report: The Block ↗
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