Ark Invest significantly reduced its holdings in technology stocks and Bitcoin ETFs, increasing downward pressure on the market

2026-03-27 23:46:45

Cathie Wood's Ark Invest has massively sold off technology stocks and crypto assets, selling approximately $41 million in Meta shares, $26 million in Nvidia shares, while also reducing its holdings by about $11 million in its own Bitcoin spot ETF (ARKB), $6.5 million in shares of crypto exchange Bullish, and nearly $5 million in shares of Block.