Ark Invest Sells $64.83M in Crypto-Related Stocks and Bitcoin ETF

Ark Invest has sold a combined total of approximately $64.83 million (about 873 billion won) in cryptocurrency-related stocks and Bitcoin ETFs, according to The Block. The firm sold $7 million (about 94 billion won) worth of Coinbase ($COIN) shares, $13.87 million (about 187 billion won) in Circle ($CRCL), $3.96 million (about 53 billion won) in Bitmain, and $68.77 (about 93,000 won) in Bullish shares on Monday. Additionally, Ark Invest reportedly sold $40 million (about 539 billion won) of its ARKB Bitcoin ETF.