18-4-2025 – Cathie Wood’s ARK Invest has orchestrated a substantial realignment of its cryptocurrency exposure through calculated exchange-traded fund transactions.
The investment powerhouse bolstered its position in the Solana ecosystem, securing 475,000 shares of the 3IQ Solana Staking ETF (SOLQ, U) via its ARKW and ARKF vehicles. The acquisition, valued at 14.42 Canadian dollars per share, demonstrates the firm’s growing confidence in proof-of-stake blockchain platforms.
Simultaneously, the firm trimmed its Bitcoin exposure by offloading 39,575 shares of the ARK 21Shares Bitcoin ETF (ARKB) from its ARKW fund. The divestment, executed at $84.71 per share, suggests a tactical rebalancing rather than a fundamental shift in the firm’s crypto thesis.
This portfolio restructuring underscores ARK’s nimble approach to digital asset investment, as the firm continues to fine-tune its positions across the cryptocurrency spectrum. The moves reflect an evolving strategy that embraces both established cryptocurrencies and emerging blockchain technologies.