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Cathie Wood's ARK sells GitLab stock, buys ARK 21Shares Bitcoin ETF

Investing.com•Saturday, November 29, 2025 at 1:03:46 AM
NeutralFinancial Markets
Cathie Wood's ARK sells GitLab stock, buys ARK 21Shares Bitcoin ETF
  • Cathie Wood's ARK Investment Management has sold its shares in GitLab and purchased the ARK 21Shares Bitcoin ETF, reflecting a strategic shift in its investment portfolio. This decision highlights ARK's ongoing evaluation of its holdings in the tech sector while embracing opportunities in cryptocurrency investments.
  • The sale of GitLab stock indicates ARK's responsiveness to market conditions and its commitment to reallocating resources towards assets that align with its investment strategy. The acquisition of the Bitcoin ETF suggests a bullish outlook on cryptocurrency as a growing asset class.
  • This move is part of a broader trend where ARK has been actively adjusting its portfolio, including recent investments in companies like Nvidia and Roblox. Such actions underscore a strategic focus on high-growth sectors, particularly in technology and digital assets, amidst a rapidly evolving market landscape.
— via World Pulse Now AI Editorial System
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Cathie Wood buys $56 million of megacap tech stock
TheStreet2 days ago
Cathie Wood buys $56 million of megacap tech stock
PositiveFinancial Markets
Cathie Wood's ARK Investment Management has made a significant investment, acquiring $56 million worth of megacap tech stock, reflecting her continued confidence in the technology sector. This move is part of a broader strategy to capitalize on high-growth opportunities in the market.
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via TheStreet