$SOL ARK Invest Adjusts Portfolio with Bitcoin and Solana ETF Transactions
AI Summary
According to PANews, ARK Invest made significant adjustments to its portfolio on April 17, 2025. The investment firm sold 39,575 shares of the ARK 21Shares Bitcoin ETF (ARKB) through its ARKW fund. The transaction, based on the closing price of $84.71 per share, amounted to approximately $3.35 million.
In a strategic move, ARK Invest also acquired 475,000 shares of the 3IQ Solana Staking ETF (SOLQ, U) through its ARKW and ARKF funds. The purchase, at the closing price of 14.42 Canadian dollars (approximately $10.42 USD) per share, was valued at around $4.95 million.
These transactions reflect ARK Invest's ongoing strategy to diversify its holdings and adjust its exposure to different cryptocurrency assets.
