Cathie Wood-Led Ark Invest Sells Nearly $28M Worth Of Robinhood Shares Amid Crypto API Launch And Lackluster Bitcoin Price Action
May 30, 2024 11:38 PM | 2 min read On Thursday, Cathie Wood-led Ark Invest made notable adjustments to its portfolio, including a significant sell-off of Robinhood Markets Inc (NASDAQ:HOOD) shares. This move comes as Robinhood launches a new cryptocurrency trading API. The HOOD Trade Ark Invest’s decision to reduce its position in Robinhood occurred