On Monday, Cathie Wood-led Ark Invest adjusted its portfolio, notably selling shares of cryptocurrency-related companies such as Robinhood Markets Inc (NASDAQ:HOOD) and Coinbase Global Inc (NASDAQ:COIN), amidst a significant rally in Bitcoin (CRYPTO: BTC) which soared past the $56,000 mark. This decision comes at a time when the cryptocurrency market cap has surged past $2 trillion, highlighting a pivotal moment for investors. The Coinbase Trade Ark sold a total of 35,509 Coinbase shares through its flagship ARK Innovation ETF (NYSE:ARKK). The transaction was valued at $6.9 million. On Monday,…
