Cathie Wood Trims Bitcoin Target As Ark Invest Reduces Circle, Bullish Positions
Posted On April 20, 2026
Ark Invest CEO Cathie Wood, long known for her bullish stance on Bitcoin (CRYPTO: BTC), has adjusted her long-term outlook while her firm also reduced exposure to select crypto-related equities.
Crypto-Linked Positions Reduced
According to Ark Invest tracking data shared on X on Apr. 17, the firm’s ARKW fund sold approximately 11,465 shares of Circle Internet Group (NYSE:CRCL), valued at about $1.21 million, and 31,417 shares of Bullish (NYSE:BLSH), worth roughly $1.36 million.
The fund used the proceeds to increase its position in Netflix following the company’s …
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