1 month ago
12
Jason Nelson
Thu, July 30, 2026 astatine 11:35 AM CDT 1 min read
Cathie Wood's Ark Invest sold astir $4.4 cardinal worthy of crypto-related stocks connected Wednesday, trimming positions successful Ethereum treasury institution Bitmine Immersion Technologies, Robinhood, Block, and Bullish aft the companies' shares fell.
The firm's largest merchantability was 120,665 shares of Bitmine, valued astatine astir $2 million. Ark besides sold 13,403 shares of Block worthy astir $1.1 million, 12,561 shares of Robinhood worthy astir $1.1 million, and 11,314 shares of Bullish valued astatine astir $247,000. Bitmine closed down 5.6% connected Wednesday, portion the different 3 stocks besides finished the league lower.
Ark's regular trading disclosure besides showed the steadfast purchased astir $14.5 cardinal worthy of SpaceX shares crossed respective of its exchange-traded funds.
The income travel caller purchases of crypto-related stocks. Over the erstwhile 3 trading days, Ark bought astir $43.5 cardinal worthy of Coinbase and Circle shares, including astir $18.6 cardinal of Coinbase banal and $12.9 cardinal of Circle.
The latest moves travel arsenic crypto equities person weakened alongside integer plus prices. Robinhood, which reported second-quarter net this week that topped Wall Street expectations, said gross from its crypto concern fell astir 40% from a twelvemonth earlier arsenic trading enactment slowed.
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