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Ark Invest Sells $40 Million in Bitcoin ETF, Trims Circle and Coinbase as Crypto Stocks Rally

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Ark Invest Sells $40 Million in Bitcoin ETF, Trims Circle and Coinbase as Crypto Stocks Rally

Ark Invest reduced several major crypto-linked positions on Monday as digital asset stocks moved higher. The firm’s biggest disclosed sale involved its ARK 21Shares Bitcoin ETF, followed by reductions in Circle and Coinbase.

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