Ark Invest Rebalances Portfolio With Coinbase and Robinhood Share Sale

Cathie Wood’s Ark Invest has rebalanced its financial portfolio by offloading shares from some top crypto-linked financial organizations, including Coinbase, Block Inc., and Robinhood. This move coincides with the recent price rally in the crypto market. It is worth noting that the prices of the offloaded stocks have also recorded some breakout rallies despite the…

Ark Invest Sells Off Circle Stock After Massive Post-IPO Rally

Cathie Wood‘s ARK Invest has sold off a sizeable portion of its Circle (CRCL) share holdings. This asset management firm trimmed $51.8 million worth of these shares amidst an extension in the stock price rally following its successful Initial Public Offering (IPO) listing. ARK Invest First Divestment of CRCL Shares In May, Circle filed with…