ARK Invest Shifts Portfolio Amidst Crypto Volatility: Dumps AMD, Boosts Circle and Bullish

Cathie Wood’s ARK Invest has executed a dramatic portfolio reshuffle, shifting away from semiconductor stocks towards investments in cryptocurrency infrastructure. The firm sold over $16 million worth of Advanced Micro Devices shares while aggressively investing into companies like Circle Internet Group and Bullish. This move comes as crypto prices experience volatility, but ARK remains confident in the long-term potential of digital assets.