Ark Invest's Crypto Asset Head Resigns...Cathie Wood "Cheering for the Next Journey"

Cathie Wood, known as the 'Money Tree Sister', has announced that the head of crypto assets at Ark Invest has resigned.

Yassine Elmandjra, the Crypto Asset Director at Ark Invest, stated on X on the 8th, "Today is my last day working at Ark Invest," and described the past six and a half years as an "amazing journey."

Wood also shared on X, "Elmandjra has paved new paths and built the industry's best crypto asset team," and expressed her support for his next journey. The specific reasons for Elmandjra's resignation have not been disclosed.