Overview
- On Thursday, ARK purchased 716,030 Bullish shares for about $17.8 million across three ETFs.
- The firm sold 119,236 Coinbase shares worth roughly $17.4 million as the stock fell 13.3% to $146.12.
- Bitcoin fell to as low as $60,000 this week with more than $750 million in liquidations reported across crypto positions.
- The latest trades follow early‑February accumulation that included buys in Coinbase, Circle, BitMine, Bullish, and ARK’s 21Shares Bitcoin ETF.
- Coinbase remains a major ARK holding at 4.29% of ARKK, while Coinbase and Bullish have declined about 42% and 40% over the past month.