๐จARK Invest sold over $61 million in crypto-related holdings on Monday, one day before the Senate failed to pass the Clarity Act โ a vote that triggered a sharp sell-off in crypto stocks. $AKE
Key sales (Monday closing prices):
ยท ARKB Bitcoin ETF โ 1.53M shares (~$40M)
ยท Circle โ 142,350 shares (~$13.86M)
ยท Coinbase โ 36,628 shares (~$7M)
ยท Bullish โ 18,280 shares (~$688K)
What happened next: The Clarity Act failed in a 49-50 Senate vote Tuesday. Coinbase fell over 10%, Circle dropped 11.5%, Bullish lost 5%, and Bitcoin slipped below $76,000.
Why it matters: ARK's timing let it exit near Monday's highs, avoiding Tuesday's slump.
Key sales (Monday closing prices):
ยท ARKB Bitcoin ETF โ 1.53M shares (~$40M)
ยท Circle โ 142,350 shares (~$13.86M)
ยท Coinbase โ 36,628 shares (~$7M)
ยท Bullish โ 18,280 shares (~$688K)
What happened next: The Clarity Act failed in a 49-50 Senate vote Tuesday. Coinbase fell over 10%, Circle dropped 11.5%, Bullish lost 5%, and Bitcoin slipped below $76,000.
Why it matters: ARK's timing let it exit near Monday's highs, avoiding Tuesday's slump.
