Cathie Wood's Ark Invest Offloads $6.9M Worth of Coinbase, Robinhood Shares Each Amid Searing Bitcoin Rally — Also Sold Nvidia Stock

On Monday, Cathie Wood-led Ark Invest adjusted its portfolio, notably selling shares of cryptocurrency-related companies such as Robinhood Markets and Coinbase, amidst a significant rally in Bitcoin which soared past the $56,000 mark. This decision comes at a time when the cryptocurrency market cap has surged past $2 trillion, highlighting a pivotal moment for investors.