Ark Invest offloads $5m Robinhood stock in profit-taking move to invest in Tom Lee’s BitMine – DL News

Ark Invest offloads $5m Robinhood stock in profit-taking move to invest in Tom Lee’s BitMine – DL News

Firm deploys $30 million in risk-on plays Shaves $5 million of Robinhood holdings. Ark Invest is upping its crypto risk appetite. Cathie Wood’s future-themed investment firm trimmed $5 million in long-held bluechip favourite Robinhood over the past week, according to the firm. At the same time, it added nearly $30 million of exposure to Tom…

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