Odaily Planet Daily reports that on Wednesday, as cryptocurrency-related stocks declined, Ark Invest sold positions in several holdings, including approximately 121,000 shares of Bitmine worth $2 million; approximately 13,000 shares of Block Inc. worth $1.1 million; approximately 13,000 shares of Robinhood worth $1.1 million; and approximately 11,000 shares of Bullish worth $247,000.
Ark Invest sells $3.25 million in crypto-related stocks, including Bitmine, Block, Robinhood, and Bullish.
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Summary
Ark Invest sold $3.25 million in crypto-related stocks on Wednesday, including 121,000 shares of Bitmine valued at $2 million, 13,000 shares of Block at $1.1 million, 13,000 shares of Robinhood at $1.1 million, and 11,000 shares of Bullish at $247,000. The move follows mixed market sentiment, with the Fear & Greed Index indicating caution. The bullish trend in crypto stocks has yet to stabilize as major investors adjust their positions.
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