Cathie Wood’s ARK Sells Off Bitcoin ETF Shares Following Split-Adjusted Record High

Imagine watching a high-stakes investment play out like a thrilling chess match, where every move could shift the board dramatically. That’s the scene with Cathie Wood’s ARK Invest, which just made headlines by unloading a hefty chunk of its spot Bitcoin ETF shares right after the fund notched a fresh peak. As of today, August 6, 2025, with Bitcoin continuing its volatile yet upward trajectory, this decision sparks curiosity about ARK’s strategy in the ever-evolving crypto landscape.

ARK’s Biggest Bitcoin ETF Sale Since the Split

Picture this: You’re holding a winning ticket in the crypto lottery, but you decide to cash in part of it. That’s essentially what ARK did when it sold off 225,742 shares of the ARK 21Shares Bitcoin ETF, known as ARKB, from its ARK Next Generation Internet fund, ARKW. This transaction happened on a recent Tuesday, fetching about $8.7 million at ARKB’s closing price of $38.70 that day. It’s the largest single-day share sale of ARKB that ARK has recorded, though when you look at the dollar value, it pales in comparison to a previous move last April, where ARK dumped 159,496 shares for $12 million.

This isn’t just a random trade; it’s a calculated step that aligns with ARK’s broader vision of disruptive innovation. By trimming positions in high-flying assets like Bitcoin ETFs, ARK maintains a portfolio that’s agile and ready to pivot toward emerging opportunities, much like a surfer riding the waves of market trends rather than getting wiped out by them.

Bitcoin ETF Reaches New Heights Post-Split

Let’s rewind a bit to understand the context. ARKB went through a 3-for-1 stock split back in mid-June, a move that essentially tripled the number of shares while slashing the price per share to keep the overall value steady. Think of it like slicing a pizza into more pieces – you still have the same amount of pizza, but now it’s easier to share. For ARKB, this meant the price dropped from around $90 to about $30 per share, a roughly 66% adjustment that made the ETF more accessible to everyday investors.

Fast-forward to early July, and ARKB was soaring, hitting a high of $39.3 on July 6. Adjusted for the split, that’s like touching $117.9 per share on a pre-split basis – a true all-time high that underscores Bitcoin’s resilience. As of today, August 6, 2025, ARKB continues to trade robustly amid Bitcoin’s climb past $60,000, reflecting ongoing inflows into crypto funds that have totaled $3.7 billion recently as Bitcoin sets new benchmarks. This performance isn’t just numbers on a chart; it’s evidence of how spot Bitcoin ETFs are bridging traditional finance with the digital asset world, drawing in investors who crave that blend of innovation and stability.

Charting ARKB’s Journey Since Inception

Visualize ARKB’s price chart since its launch – it’s been a rollercoaster of dips and peaks, mirroring Bitcoin’s own wild ride. Data from reliable trading platforms shows how the ETF has matured, especially post-split, offering a smoother entry point for those betting on crypto’s future. This split-adjusted high isn’t merely a milestone; it’s a testament to the ETF’s growing appeal, much like how a well-tuned engine powers a car to new speeds without overheating.

ARK Takes Profits on Coinbase and More

But ARK’s moves didn’t stop at the Bitcoin ETF. On the same Tuesday, the ARKW fund also shed 34,207 shares of Coinbase, or COIN, raking in $13.3 million. This follows a pattern of smart profit-taking; just last Thursday, ARK offloaded $2 million in Coinbase shares, and then another $2 million from its ARK Innovation ETF, ARKK, on Friday. It’s like harvesting ripe fruit from a tree you’ve nurtured – timely and rewarding.

Extending the strategy, ARKK sold 58,504 shares of Robinhood, ticker HOOD, worth $5.6 million, and 24,780 shares of Block for $1.7 million on that Thursday. Meanwhile, ARK has paused on selling Circle shares since moving 415,844 of them for about $110 million back on June 23. These actions highlight ARK’s knack for balancing a portfolio heavy on fintech and crypto disruptors, ensuring it stays aligned with long-term growth narratives.

In the midst of these dynamic trades, platforms like WEEX exchange stand out for their seamless integration of crypto trading tools that align perfectly with innovative strategies like ARK’s. WEEX offers users a reliable, user-friendly space to engage with Bitcoin ETFs and other assets, enhancing portfolio management with top-notch security and real-time insights. This kind of brand alignment makes WEEX a go-to choice for investors looking to mirror forward-thinking moves without the hassle, boosting confidence in every transaction.

Latest Buzz and Updates on ARK’s Bitcoin ETF Moves

Diving into what’s trending, Google searches for “Cathie Wood Bitcoin ETF sales” have spiked recently, with users curious about how these trades impact overall market sentiment. On Twitter – now X – discussions are abuzz, with posts like a recent one from a prominent crypto analyst on August 5, 2025, noting, “ARK’s ARKB dump signals profit-taking amid Bitcoin’s rally – smart or selling too soon?” Official announcements from ARK Invest confirm no major shifts in their bullish stance on crypto, but they emphasize rebalancing for optimal exposure. As of today, August 6, 2025, Bitcoin funds have seen fresh inflows of over $4.2 billion in the past month, per updated reports, contrasting with stablecoins’ steady but less explosive growth. This “Bitcoin vs. stablecoins” debate is heating up, with legislation like the impending GENIUS Act potentially tipping the scales toward more mainstream adoption.

These elements weave a narrative of strategic finesse, where ARK’s sales aren’t retreats but repositionings for the next big wave in innovation.

FAQ

What prompted ARK to sell its Bitcoin ETF shares after the all-time high?

ARK’s sale of ARKB shares appears to be a strategic profit-taking move following the ETF’s split-adjusted peak, allowing the fund to rebalance its portfolio while capitalizing on Bitcoin’s strong performance, as evidenced by recent trade notifications and market data.

How does the stock split affect ARKB’s value for investors?

The 3-for-1 split tripled the shares without changing the total value, lowering the per-share price to make it more accessible, similar to dividing a whole into smaller, easier-to-handle parts, which has helped attract more investors as shown in post-split trading volumes.

What are the implications of ARK’s Coinbase sales for the crypto market?

By selling Coinbase shares amid a series of trades, ARK is likely locking in gains from the platform’s growth, which could signal confidence in broader crypto trends; recent inflows into related funds support this, indicating sustained interest despite volatility.