Cathie Wood sells Peter Thiel-backed crypto stock twice in a row

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ARK Invest CEO Cathie Wood is simply a seasoned capitalist erstwhile its comes to integer assets and each of her trades is intimately followed successful the crypto industry.

Wood has been precise bullish connected Bitcoin (BTC), predicting that the cryptocurrency's terms volition deed $1 cardinal successful 2030.

ARK Invest besides keeps trading shares of fashionable crypto companies specified as:

Coinbase Global (Nasdaq: COIN), the largest U.S. crypto exchange
Robinhood Markets (Nasdaq: HOOD), an speech offering crypto assets and tokenized stocks
Bitmine Immersion Technologies (NYSE: BMNR), the starring Ethereum treasury firm

However, the concern steadfast has present been offloading a fewer of the crypto banal holdings.

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Backed by PayPal co-founder Peter Thiel, Bullish (NYSE: BLSH) is simply a crypto trading speech fashionable among organization clients. The Cayman Islands-based speech institution went nationalist successful August 2025.

Though the company's banal has risen astir 30% implicit the past month, it has mislaid astir 60% of its worth since the IPO past year.

The BLSH banal closed 4% higher astatine $39.55 connected March 23.

Wood's ARK sold 39,362 Bullish shares worthy astir $1.55 cardinal connected March 23. Not lone that, the steadfast besides sold 103,379 shares of the institution worthy astir $3.92 cardinal connected March 20.

Peter Thiel, president and laminitis of Clarium Capital Management LLC, walks the grounds during the Allen & Co. Media and Technology Conference successful Sun Valley, Idaho, US, connected Friday, July 14, 2023.

Circle Internet Group (NYSE: CRCL) is a large crypto institution that issues the second-largest stablecoin, USDC.

As per DeFiLlama, USDC has a marketplace headdress of $78.6 cardinal and accounts for astir 25% of the full stablecoin marketplace cap.

On March 20, ARK Invest sold 45,998 shares of the institution worthy $5.79 million. The company's banal closed 0.48% higher astatine $126.64 connected March 23.

Related: Cathie Wood sends blunt connection aft Bitcoin crashes

This communicative was primitively published by TheStreet connected Mar 24, 2026, wherever it archetypal appeared successful the MARKETS section. Add TheStreet arsenic a Preferred Source by clicking here.

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