TechFlow reports that, according to Decrypt, on March 27, ARK Invest—led by Cathie Wood—executed a large-scale sell-off of technology stocks and crypto assets, selling approximately $41 million worth of Meta stock and $26 million worth of NVIDIA stock. Simultaneously, ARK Invest reduced its holdings in its own Bitcoin spot ETF (ARKB) by about $11 million, sold $6.5 million worth of shares in the crypto exchange Bullish, and divested nearly $5 million worth of Block shares.
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