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ARK Invest cuts crypto exposure by over $61 million before Senate Clarity Act vote

  • ARK Invest reduced its crypto-related exposure by over $61 million on Monday.
  • The sales occurred one day before the Senate did not pass the Clarity Act.
  • Coinbase, Bullish, Circle Internet and ARK 21Shares Bitcoin ETF were involved in the sales.

Cathie Wood’s ARK Invest reduced its crypto-related exposure by over $61 million on Monday, with sales involving Coinbase, Bullish, Circle Internet and the ARK 21Shares Bitcoin ETF. The transactions came one day before the Senate did not pass the Clarity Act.

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