Cathie Wood’s investment firm sold approximately $64 million worth of crypto-related holdings on Monday, trimming positions in Coinbase, Circle, Bitmine, Bullish, and its own Bitcoin ETF, ARKB. The sale occurred while digital asset markets were rallying, consistent with Ark Invest’s well-known strategy of buying weakness and selling strength. The firm remains one of the largest institutional holders of crypto-related equities, with positions valued at roughly $609 million in Coinbase, $323 million in Circle, and $275 million in Bitmine. This rebalancing operation aims to prevent any single position from dominating the fund’s risk profile.
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