Cathie Wood's Ark Invest sells $7.8 million of its own spot Bitcoin ETF – The Block

Cathie Wood’s Ark Invest has recently sold $7.8 million of its own spot Bitcoin ETF. This move comes as a surprise to many, as Ark Invest has been a strong supporter of Bitcoin in the past. The decision to sell off a significant amount of the ETF has raised questions about the firm’s confidence in the cryptocurrency. Investors are curious to see how this move will affect Ark Invest’s overall investment strategy moving forward.

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