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Ark Invest CEO Cathie Wood, long known for her bullish stance on Bitcoin (CRYPTO: BTC), has adjusted her long-term outlook while her firm also reduced exposure to select crypto-related equities.
Crypto-Linked Positions Reduced
According to Ark Invest tracking data shared on X on Apr. 17, the firm’s ARKW fund sold approximately 11,465 shares of Circle Internet Group (NYSE:CRCL), valued at about $1.21 million, and 31,417 shares of Bullish (NYSE:BLSH), worth roughly $1.36 million.
The fund used the proceeds to increase its position in Netflix following the company’s …
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