Ark Invest cuts stake in Block and Coinbase amid Crypto lull
In the dynamic landscape of investment management, Cathie Wood-led Ark Invest stands out for its proactive approach to navigating market fluctuations and identifying promising investment opportunities. Recently, the firm made significant trades, notably shedding shares of Coinbase Global Inc. and Block Inc., amidst ongoing fluctuations in the cryptocurrency market. This essay explores Ark Invest’s strategic…