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ARKB becomes the second largest holding of ARK Invest’s fund ARKW, with a weight of 9%

Nate Geraci, the president of ETFStore, revealed on X platform that the ARK Bitcoin ETF has become the second largest holding in the ARKW fund under ARK Invest, with a weight of 9%. The top three holdings of ARKW are Coinbase stock (COIN), Bitcoin spot ETF ARKB, and Block stock (SQ), which together account for nearly 30% of the weight.

Ark Invest sold $16 million worth of Coinbase shares last week

According to the latest trading documents, Ark Invest sold 96,435 shares of Coinbase stock worth about $16 million for its three exchange-traded funds last week. According to TradingView, Coinbase's stock price was $165.98 at the close of trading on Friday, down nearly 3% that day. Ark Invest also sold 565,491 shares of Robinhood stock worth about $8.2 million last week. On Friday, the stock price for the stock and the cryptocurrency trading app closed at $14.48, up nearly 8% for the week and up 30% in the past month.

ARKM briefly broke through $1.7, hitting a record high

According to market data on February 25th, ARKM broke through $1.7 in a short time and is currently priced at $1.6665, with a 24-hour increase of 30.85%, reaching a new all-time high.

ARK Invest reduced its Coinbase holdings by more than $12 million this week

Cathie Wood's ARK Invest reduced its holdings of Coinbase stock by 72,242 shares this week, worth over $12 million. Coinbase (COIN) stock fell 12.26% this week. On Friday, COIN closed down 2.88% at $165.98 and fell another 0.59% after hours. Despite being bullish on the future of artificial intelligence (AI), ARK Invest reduced its holdings of Nvidia stock again this week. On February 22nd, ARKW sold 5,067 shares of Nvidia stock worth $4 million. Nvidia (NVDA) stock rose 6.41% this week, closing at $788.17 on Friday. In addition, on February 20th, ARKW and ARKF sold 190,413 shares and 104,669 shares of Robinhood stock (HOOD), respectively. On February 22nd, ARK also reduced its holdings of HOOD by 37,312 shares. HOOD's price rose 8.46% this week. On Friday, Robinhood's stock closed up 3.65% at $14.48 and rose another 1.17% after hours. (CoinGape)

ARK Invest reduced its holdings of Robinhood shares by 37,312 shares yesterday

Cathie Wood's ARK Invest sold 2,828 shares of Coinbase stock COIN on Thursday, February 22, worth approximately $483,000; and sold 37,312 shares of Robinhood stock HOOD, worth approximately $521,000.

ARK Invest sold a total of approximately 214,000 Coinbase shares yesterday

Ark Invest Daily data shows that Cathie Wood's ARK Invest sold a total of 214,068 shares of COIN (Coinbase Global Inc) stock yesterday (February 14). Among them, ARKK Fund sold 152,600 shares; ARKW Fund sold 31,459 shares; and ARKF Fund sold 30,009 shares.

Cathie Wood: Not worried about Bitcoin’s recent decline

Cathie Wood, CEO of Ark Invest, said in an interview on CNBC that she is not worried about the recent drop in Bitcoin price, which she attributes to FTX's large-scale selling of GBTC assets and the "news sell-off" phenomenon.

ARK Invest increased its holdings of 47,714 Robinhood shares yesterday

Cathie Wood's ARK Invest increased its holdings of Robinhood stock HOOD by a total of 47,714 shares through the ARKK and ARKW funds on Thursday, February 1st. Based on yesterday's closing price, this is equivalent to approximately $512,400.

ARK Invest once again bought ARK 21Shares Bitcoin Spot ETF worth approximately $5.35 million yesterday

Ark Invest Daily data showed that Cathie Wood's ARK Invest purchased 127,435 shares of the ARK 21 Shares Bitcoin Spot ETF on January 26th (equivalent to approximately 5.354 million US dollars at yesterday's closing price), while selling 78,345 shares of the ProShares Bitcoin Futures ETF (equivalent to approximately 1.59 million US dollars at yesterday's closing price).

ARK Invest has bought approximately $62.3 million in ARKB since January 19 and sold approximately $42.8 million in BITO.

Cathie Wood's ARK Invest has sold a total of 2,226,191 shares of Bitcoin futures ETF BITO through ARKW since January 19, valued at approximately $42.8 million based on Thursday's closing price of $19.22. At the same time, the company purchased 1,563,619 shares of ARK 21 Shares Bitcoin Spot ETF (ARKB), valued at approximately $62.3 million. ARKW currently holds $91.4 million in ARKB, accounting for 5.98% of the fund's total value.