Cathie Wood’s Ark Invest Books Profits On Hot AI Stock Palantir, Sells Bitcoin ETF Shares As BTC Starts 2025 On A Positive Note

On Friday, Cathie Wood-led Ark Invest made significant trades involving Palantir Technologies Inc. (NASDAQ:PLTR), Ark 21Shares Bitcoin ETF (BATS:ARKB), and Quantum-Si Inc. (NASDAQ:QSI).

The PLTR Trade

Ark Invest sold 20,332 shares of Palantir. This move aligns with Ark’s recent trend of reducing its position in the hot AI stock. The sale was executed through the ARK Innovation ETF. The value of the trade, calculated from the last closing …

Full story available on Benzinga.com

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