29-4-2025 – Cathie Wood’s investment powerhouse ARK Invest has trimmed its exposure to Bitcoin exchange-traded funds. The firm offloaded a substantial position from its ARKW fund holdings, specifically parting with 111,059 shares of their ARK 21Shares Bitcoin ETF, which trades under the ticker ARKB.
The strategic divestment, executed on 28 April, saw the shares changing hands at $94.51 apiece, amounting to a considerable $10.496 million transaction. This move comes amidst the evolving landscape of cryptocurrency-linked investment products on Wall Street.
