The sale was framed as a reduction in the firm's exposure to the Ethereum network, based on the post's characterization of BMNR.
ARK Invest sold 33,560 BMNR shares valued at $606,764, a move described as reducing its exposure to the Ethereum network. The post did not provide further details on the timing of the transaction beyond describing it as just in, nor did it specify which ARK fund executed the sale. The transaction points to a portfolio adjustment tied to a publicly traded vehicle associated in the post with Ethereum exposure.