On April 28, 2025, ARK Invest sold 111,059 shares of the ARK 21Shares Bitcoin ETF (ARKB) through its ARKW fund. The transaction was valued at approximately $10.5 million, based on the closing price of $94.51 per share.

This move is part of ARK Invest's ongoing strategy to rebalance its portfolio. Earlier this year, the firm sold over 2 million shares of the ProShares Bitcoin Trust ETF (BITO), worth approximately $42.8 million, while simultaneously purchasing over 1.5 million shares of ARKB, valued at around $62.3 million.

The recent sale of ARKB shares may indicate a tactical adjustment in ARK Invest's exposure to Bitcoin ETFs, reflecting the firm's dynamic approach to managing its cryptocurrency investments in response to market conditions