Ark Invest trims crypto-linked holdings including Bitmine
HOOD Robinhood Markets Inc
$89.54 -3.47%
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- 1Cathie Wood's Ark Invest reduced its crypto-related holdings, including Bitmine, on Wednesday.
- 2The ARKK Innovation ETF sold 120,665 shares of Bitmine (BMNR) and also trimmed positions in Bullish, Block, and Robinhood.
- 3The sales followed its assessment of an Ethereum strategy as an 'exponential opportunity,' marking a departure from its bearish-buying pattern.
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