Cathie Wood\u2019s investment firm ARK Invest has made strategic moves amidst the latest trade tariffs in the United States, acquiring $26.6 million worth of Coinbase (COIN) stock while selling off $12 million of its ARK 21Shares Bitcoin ETF (ARKB). The firm’s purchase of COIN stock includes a $13.2 million buy on April 7 and another $13.3 million purchase on April 4. Despite the bullish move on Coinbase, ARK’s sale of ARKB on April 7 is one of the largest daily sales of the ETF by the firm. ARK continues to offer indirect exposure to Bitcoin through its ARK Bitcoin ETF Holdco, which holds $142 million in ARKB as of April 8. The market experienced significant sell-offs following the tariff announcement, with Bitcoin briefly dropping 11% to $74,700. Global Bitcoin exchange-traded products saw outflows, with Bitcoin ETFs experiencing $109 million in outflows on April 7 alone. Despite the recent selling pressure, ARK has recorded positive net flows for 2025. Other issuers with positive inflows include BlackRock\u2019s iShares and ProShares. This data showcases ARK’s strategic investment decisions amid market fluctuations.<\/p>\n","protected":false},"excerpt":{"rendered":"
Cathie Wood\u2019s investment firm ARK Invest has made strategic moves amidst the latest trade tariffs in the United States, acquiring $26.6 million worth of Coinbase (COIN) stock while selling off $12 million of its ARK 21Shares Bitcoin ETF (ARKB). The firm’s purchase of COIN stock includes a $13.2 million buy on April 7 and another […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[25],"tags":[],"aioseo_notices":[],"featured_image_urls":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":""},"author_info":{"display_name":"","author_link":"https:\/\/vanillanews.com\/index.php\/author\/"},"category_info":"JUST IN<\/a>","tag_info":"JUST IN","comment_count":"0","_links":{"self":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts\/94740"}],"collection":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/comments?post=94740"}],"version-history":[{"count":0,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts\/94740\/revisions"}],"wp:attachment":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/media?parent=94740"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/categories?post=94740"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/tags?post=94740"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}