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      Cathie Wood Sells Over $60 Million in Cryptocurrency Stocks Ahead of Clarity Act Vote

      Cathie Wood, the CEO of ARK Invest, has sold more than $60 million worth of cryptocurrency-related stocks, including shares of Coinbase, Bullish, Circle, and ARK's Bitcoin exchange-traded fund (ETF). This significant divestment comes as the U.S. Senate prepares to vote on the Clarity Act, legislation aimed at providing clearer regulations for the cryptocurrency industry.

      The Clarity Act is anticipated to have a substantial impact on the future of cryptocurrency regulation in the United States. Wood's decision to liquidate these assets may reflect her strategic positioning ahead of potential changes in the regulatory landscape. The vote on the Clarity Act is expected to influence market sentiment and the operational framework for cryptocurrency companies in the country.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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