Cathie Wood's Ark Invest Sells Meta and Nvidia Shares—And Even Its Own Bitcoin ETF Holdings
Published on March 27, 2026.
Cathie Wood's Ark Invest, led by Cathie Wood, sold millions of dollars' worth of tech stocks like Nvidia and Meta, reducing exposure to Bitcoin through its Bitcoin ETF. The firm also divested from popular tech stocks such as Alphabet and AMD, as well as crypto assets like ARKB and Bullish. The Federal Trade Commission has warned major payment companies like PayPal, Visa, Mastercard, and Stripe about their practices. Binance Australia Derivatives has been ordered to pay a $10 million penalty for exposing 524 retail investors to risky derivatives. The US government-sponsored mortgage system now accepts BItcoin, USDC as loan collateral. The White House's AI and crypto czar, David Sacks, stepped down with key legislation still pending.
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