Cathie Wood's ARK Dumps Bitcoin ETF After Split-Adjusted All-Time High
Cathie Wood's ARK Invest offloaded 225,742 shares of the ARK 21Shares Bitcoin ETF (ARKB) after a 3-for-1 stock split in June. The sale occurred shortly after ARKB hit a new all-time high above $39 in early July, equivalent to nearly $118 on a pre-split basis [11, 12].