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ARK Invest Dumps Over $54M of Alibaba in a Single Day, Adds Coinbase and Palantir
Cathie Wood's ARK Invest sold 570,391 shares of Alibaba on June 26 for roughly $54.2M while adding Coinbase and Palantir across ARKK, ARKW, and ARKF — the latest move in an apparent rotation out of China equities and into AI and crypto.