Cathie Wood Unloads $65 Million in Crypto Ahead of CLARITY Vote
Cathie Wood has sold $65 million in crypto assets just before the Senate's CLARITY Act vote. This includes $40 million of her own Bitcoin ETF. Despite the recent price surge in Coinbase and Circle, Wood is cashing out instead of doubling down.
This move raises questions about whether Wood knows something about the upcoming regulatory vote that others don't. Is she cashing out while the market rallies or does this indicate a lack of faith in crypto's future?