Cathie Wood’s Ark Invest Dumps Bitmine, Boosts Coinbase and Circle Stakes

TL;DR

• Ark Invest reduced its exposure to Bitmine, Robinhood, Block, and Bullish while continuing to increase its positions in Coinbase and Circle. The portfolio changes reflect an active investment strategy rather than a broad retreat from digital assets.
• Over the previous 3 trading sessions, Ark accumulated approximately $43.5 million in Coinbase and Circle shares, signaling continued confidence in regulated crypto infrastructure despite recent weakness across crypto-related equities.
• The adjustments come as digital asset prices and crypto stocks face short-term pressure.
  

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Cathie Wood’s Ark Invest continues to reshape its crypto-focused portfolio as market volatility creates new opportunities. While the firm reduced exposure to several companies tied to the digital asset sector, it simultaneously expanded its investments in Coinbase and Circle, reinforcing confidence in businesses that support the broader crypto ecosystem.

Here is every move that Cathie Wood and Ark Invest made in the stock market today 7/29 pic.twitter.com/Nvs7icPRSM

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