Ark Invest significantly reduces holdings in tech stocks and Bitcoin ETFs, intensifying market downward pressure

According to Deep Tide TechFlow news on March 27, as reported by Decrypt, Cathie Wood’s Ark Invest conducted a large-scale sell-off of tech stocks and crypto assets on March 27, selling about $41 million in Meta shares, $26 million in Nvidia shares, while 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 Block shares.

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